Elizabeth is a 49-year-old married woman and mother of 12 children from Ubay, Bohol. She has been engaged in a fishing business together with her husband for more than 20 years now. This is the source of their income. Elizabeth is asking for a loan to buy new fishing nets, fish hooks and lead weights. With this, her husband will be able to enhance his catch thus giving them more fish to sell in the market.
In the future, Elizabeth has hopes of making their fishing business a success. Moreover, she wants to save money for the schooling of her younger 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.