Rosalyn is a 38-year-old, married woman from Ubay, Bohol. She has five children. The oldest is 19 and the youngest is 9 years old. She engages in a fishing business. She has been in this business for 20 years. This is the source of her income.
Rosalyn is requesting a loan, which she will use to buy fishing net, lead sinkers, and floaters. These materials are very useful in fishing. By the help of this loan, she will be able to buy these materials so she can have better fishing. Rosalyn hopes to expand her business in the future. She also hopes that all her children can go to school.
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.