Mercedita is a 31 year old married woman and a mother of four young children from Talibon, Bohol. She is engaged in a fishing business together with her husband for more than ten years now. This is the source of their income.
Mercedita is asking for a loan to buy fishing materials like nets, lead weights, hooks and buckets for storage. With this, her husband will be able to enhance his catch thus giving them more fish to sell in the market.
In the future, Mercedita hopes to expand their business and saves money for 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.