Regenita is engaged in seaweed farming in her place in Talibon, Bohol. She works with her husband in overseeing their seaweed farming. Regenita has three children ages 12, 9 and 2.
Regenita is asking for a loan to buy more seaweed seedlings for her business. With this, she will be able to improve the productivity of their seaweed farm thus augmenting their yield and income. In the future, Regenita hopes to make her business a success and a stable source of income.
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.