Prudencia is a 59-year-old married woman and a mother of three grown-up children from Panglao, Bohol. She has been engaged in a fishing business for more than 30 years with her husband.
Prudencia is asking for a loan to buy new fishing nets, lead weights, hooks and buckets. In the future, Prudencia dreams of expanding their fishing business 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.