Crescencia is a 47-year-old married woman and a mother of six children from Getafe, Bohol. She has been engaged in a fishing business together with her husband for more than 10 years now. This has been the source of their income. She is asking for a loan to buy new fishing nets, lead weights, fish hooks and other supplies. With this, they will be able to enhance their fishing business.
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.