Teresita is a 53-year-old woman from the community of Ubay, Bohol. She is married with seven children ages 13-25. Together with her husband, Teresita has been in a fishing business for 25 years now. This is to support her children's needs.
She is asking for a loan so she can continue her fishing business. She will use her loan to buy fish net, floaters, nylon and ropes. She hopes that she can continue expanding her fishing business and send her children to school for a brighter future.
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.