Remedios is a married woman from Baclayon, Bohol. She has four children. The youngest child is 14 while the oldest is 22. She is a fish vendor. She sells fish in her community. She has been in the fish vending business for 23 years. She requested a loan of 30,000 PHP to buy more fish to sell, containers (for fish storage) and a new weighing scale. She works hard to earn a living. Her husband helps her to make their business prosper in order to cover the family's daily needs. In the future, Remedios would like to invest in other business ventures to augment her income and to be able to send her children to school.
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.