Glezel is a 25-years-old married woman and a mother of two young children from Bohol, Philippines. She and her husband have been engaged in the fishing business for several years now. This is the source of their income.
Glezel is asking for a loan to buy new fishing nets, nylon, lead weights, and other items. With these items, her husband will be able to enhance his daily catch thus giving them more fish to sell in the market.
Glezel dreams of expanding their fishing business and saving money for the schooling of their 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.