Miriam is 42 years old, married and has two children aged 8 and 5. She lives in Hingotanan, one of the islands in Bien Unido, Bohol. She earns a living by seaweed farming, and has grown and sold seaweed for 10 years. Miriam also runs a small sari-sari (or variety) store where she sells canned goods, toiletries and other products people use daily. Miriam works hard to support her family and be a responsible borrower. She is asking for a loan to buy seaweed seedlings and more items to sell at her store. This loan will help her grow her business.
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.