Merlinda is a married woman and a mother of three young children. She is from Talibon, Bohol. Merlinda and her husband operate a tricycle business. This is to transport passengers from one place to another. This is the source of their income.
Merlinda is asking for a loan to buy spare parts like nuts, bolts and fuel for the tricycle. With this, they will be able to improve the good working condition of the tricycle. In the future, Merlinda hopes of making their business a success. Moreover, she wants to save money for the schooling 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.