Ma. Luisa is 38 years old and comes from Panglao, Bohol. She is married and has two dependent children. Ma. Luisa and her husband have been engaged in their fishing business for 10 years now. This is her main livelihood to support her family. She is asking for a loan to buy new fishing nets, fishing weights, nylon for fishing net repair and materials for making a fence. These will be helpful so their fishing activity will be more productive and successful. The income that they will generate from fishing will be used to buy healthy meals for her family and pay for school fees.
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.