Jona is a 30-year-old, married woman from Bohol, Philippines and a mother of two young children. She and her husband have been engaged in the fishing business for more than seven years. This is the source of their daily income.
Jona is asking for a loan to buy new fishing nets and fuel for the fishing boat. With this loan, they will be able to improve their catch, thus allowing them to sell more fish in the market. In the future, Jona dreams of making her business a success.
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.