Ma. Lilibeth is a 38-year-old married woman and a mother of six children from Bohol, Philippines. She is engaged in seaweed farming business together with her husband for more than eight years now. This is the source of their income. Ma. Lilibeth is asking for a loan to buy materials for seaweed farming like seaweed seedlings, straw, and farm. With this, they will be able to improve their seaweed farming business thus augmenting their harvest and profit. In the future, Ma. Lilibeth dreams of making their business a success and saving 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.