Melodina is 26 years old. She is married with two children ages three and five.
Melodina is engaged in a cell phone electronic prepaid reloading business and also a rice farming business for three years now. The income supports her children and enables her to help her husband, who works as a Security Guard.
She is asking for a loan to buy electronic load, SIM cards, and fertilizer. From this loan, she expects a good harvest and an increase in business profitability. The additional income will go to her family's daily costs and school fees 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.