Amalia is a 49 year old married woman and a mother of five children from Bien Unido, Bohol. She and her husband have been engaged in the fishing business for more than 10 years.
Amalia is asking for a loan to buy new fishing nets and fuel for the fishing boat. With this, her husband will be able to catch more fish, allowing for a better sale at 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.