Leonila P. is from the town of Trinidad. She is 39 years old. Leonila is married and has 3 children aged 9, 7 and 6. To make a living, Leonila owns & operates a fishing business. While not the only means for generating revenue, the main source of income for the business comes from operating a fishing boat to catch and sell assorted fish in the market. Leonila wishes to have enough money for her children's education. She hopes to be able to pay for their studies until college.
Leonila joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonila has successfully repaid a previous loan from CEVI. Leonila is requesting a new loan of 8000 PHP which will be used to purchase fishing equipment including hooks & nets.
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.