Alma is a married woman and a mother from Bohol, Philippines. She is in the fishing business, since her husband has been a fisherman for more than 10 years now.
Alma is in need of financial assistance for the business. She is requesting a loan to buy new fishing nets and pay for the repair and maintenance of their fishing boat. With this loan, her husband will be able to enhance his daily catch, thus augmenting the number of fish she can sell in the market.
Alma dreams of making her business a success so that it can support the needs of the family, especially the schooling of her children.
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.