Myrna is a 46-year-old married woman and a mother of four children from Talibon, Bohol, Philippines. She has been in the fishing business with her husband for more than 20 years. This business is the source of their income.
Myrna is asking for a loan to buy new fishing nets, lead weights, buckets and rope. This loan would allow her husband to increase his daily catch, thus giving them more fish to sell at the market. Myrna is optimistic that they will be able to improve their business and make it sustainable through hard work and perseverance.
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.