Ginalyn has been in the fishing business for almost 10 years. She and her husband work together in their business. Ginalyn's husband operates their fishing boat and then she sells his catch at the market. She also buys and resells crabs.
Ginalyn does her best to improve their business and take care of their two children, who are ages 7 and 2. She applied for a loan to purchase fishing nets, floaters, lead for fishing weights, and nylon. Ginalyn hopes to buy home appliances with any extra income they earn.
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.