Dolly is 34 years old and lives in Talibon, Bohol, Philippines. For the past 13 years she has been engaged in a fishing business together with her husband. This is the source of their income.
Dolly wants a loan from CEVI to buy new fishing nets, lead weights and materials for the repair of the boat, like wood and paint. With this they will be able to improve their fishing business and her husband will be able to increase his catch, thus giving them more fish to sell in the market.
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.