Lourdes is a 47-year-old married woman living in Talibon, Bohol, Philippines. She has been in a fishing business for 25 years now. Her husband is a fisherman himself.
Lourdes is asking for a loan worth 25,000 PHP to buy fishing equipment such as fish nets, a basin and other items, and for the repair of their boat. She works hard to support the needs of her family, especially for her six children.
In the future, Lourdes hopes to see herself successful in her business together with her family. She wants to make several investments to augment her income. She believes that in order to be successful in your own craft, you must be hardworking and innovative to reach your target in the 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.