Laura is from the town of Talibon, Bohol. She is 44 years old, married and has four children, ages 16, 19, 21 and 26.
Laura and her husband run a fishing business. Laura sells her husband's catch at the market. She requested a loan to purchase fishing nets, crab traps and gasoline for the boat. Laura hopes to expand their business and improve her family's living situation.
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.