Melodina is a married woman and a mother of four young children. They live in Bohol, a province in the Philippines. Her husband works as a motorcycle driver and woodcutter.
Melodina runs a motorcycle transport business and a saw machine renting business. Saw machine will be used to cut trees especially for lumber purposes. They also sell timber.
Melodina is asking for a loan to buy spare parts for the motorcycle and for the saw machine.
In the future, Melodina hopes to expand her business and save money for the schooling 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.