Lyroche F. is from the town of Sto. Niño. She is 44 years old. Lyroche is married and has 1 adult child. To make a living, Lyroche owns & operates a business raising pigs for fattening and sale. Lyroche has been engaged in her business for over 7 years already.
In 2009, Lyroche joined CEVI to gain access to financial services to help improve her living situation and to have the ability to engage in business activities. Lyroche has successfully repaid a previous loan from CEVI. Lyroche is requesting a new loan of 8000 PHP which will be used to purchase baby livestock to raise & sell in future. This loan will be the fourth loan taken out by Lyroche from CEVI. She plans to use the additional revenue generated from the business to improve her business.
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.