Cristita is engaged in seaweed farming. She is a married woman and has been in the business, together with her husband, for more than two years. This is the source of their income. Seaweed farming is one of the lucrative ventures in their town in Talibon, Bohol.
Cristita is asking for a loan to buy seaweed seedlings, rope and straw. With this, she and her husband will be able to improve their seaweed farming operation, thus increasing their harvest and yield. Cristita has hopes of expanding their business in the future, and making it 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.