Warlita is a 52-year-old married woman with seven children. Her husband works as a fisherman.
Warlita buys and sells fish in her community. She also sells seaweed on the mainland. Warlita works hard to help her husband provide for their needs. She has requested this loan to buy more seaweed and fish to sell. Warlita hopes that her business will grow. She also hopes that her children are able to finish college and have bright futures.
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.