Rosela is a 33-year-old married woman with three children who are 16, 14 and 8 years old. They live in Bohol, Philippines. She is engaged in fish vending and mobile prepaid load credit vending businesses in her community. Rosela has requested a loan to buy more fish and mobile prepaid load to sell.
In the future, Rosela wants to improve her business and make it a success. She plans to invest in another venture to augment her income. Moreover, Rosela wants to continually send her children to school for better learning and education.
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.