Rosenia farms for a living. She owns and tills her own land in Bunawan, Agusan Del Sur. She plants and harvests rice crops. Her harvest are used for family consumption and the rest are sold to the market. A few years ago, Rosenia decided to open a sari-sari store to help in their daily needs. Different products like sugar, coffee are sold at the store. Rosenia hopes that her ventures will be successful.
Rosenia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosenia has successfully repaid a previous loan from CEVI. Rosenia is requesting a new loan of 5000 PHP which will be used to purchase farm supplies and additional merchandise to sell.
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.