Lucita is a 51-year-old married woman and the mother of seven children from Bien Unido, Bohol. Together with her husband, she has had a dried fish vending business for more than ten years. She also runs a sari-sari, or variety store business.
Lucita is asking for a loan to buy more fish to dry and sell. With this loan, Lucita will be able to augment her stock thus enabling her to sell more dried fish to the people in their area.
In the future, Lucita hopes to make their 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.