Corazon is a 44-year-old, married woman, and the mother of six young children. She lives in Ubay, Bohol. She is engaged in a fishing business, together with her husband. They have done this work for several years. This is the source of their income.
Corazon is asking for a loan to buy new fishing nets, and to pay for the repair of the fishing boat. With the nets and boat repairs, her husband will be able to improve his catch, thus giving them more fish to sell in the market. In the future, Corazon hopes to make their fishing business a success.
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.