Rose Marie is a 29-year-old married woman from Talibon, Bohol. She has five children. The oldest is 13, while the youngest is 4 months old. She engages in farming. She grows rice. She has been growing rice for seven years. Her husband is a driver. His income is not enough to meet the family's needs.
Rose Marie requested a loan of 5,000 PHP (Philippines pesos) to buy fertilizers. In the future, Rose Marie would like to expand her farming business to support 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.