Erlinda is 55 years old from the town of Bien Unido, Bohol. She is married with 6 children. Her eldest is 35 and the youngest is 17. She has been dependent on her fishing business for an income for 20 years now. She is asking for a loan to buy gasoline for their boat, fish hooks and screen where she can dry some fish. The loan will help so she can further support and sustain their business. Erlinda plans to make her business bigger and expand her fishing for a better income, so she can support her children’s studies.
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.