Regina is a 24-year-old married woman from Getafe, Bohol. She has three children. The oldest child is 5, while the youngest is 4. She runs a variety store. She sells items like noodles, biscuits, soaps, and powdered milk. Her husband is a fisherman. Her husband's catch is a source of income, and at the same time used for the family's daily consumption. She requested a loan of 6,000 PHP to buy a fishing net, to improve the volume of catch. In the future, Regina would like to expand her business to support her family and also to save for the education of her children.
About Community Economic Ventures, Inc.
Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.