Elena is a 36-year-old married woman with six young children from Talibon, Bohol. She has been engaged in a fishing and oyster business together with her husband for more than 15 years now. Elena is asking for a loan to buy screen nets, bamboo sticks, buckets and other materials for fishing.
Through this loan, Elena will be able to improve their fishing business and make it sustainable and profitable.
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.