Romula is a 55-year-old married woman from Cortes, Bohol. She has two children aged 13 and 18. She has been in the food-vending business for 26 years. She cooks and sells viands in her community.
Romula has requested a loan of 11,000 PHP to purchase rice, soft drinks, vegetables, and meat. In the future, she would like to invest in other ventures to have a sustainable livelihood while saving for her children's 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.