Ibonne is a dried fish vendor from the town of Bien Unido, Bohol. Ibonne is a married woman and has been engaged in dried fish selling for more than four years now. Her husband is a fisherman.
Ibonne is asking for a loan to buy new fishing materials like fishing nets and lead weights. Through this, her husband will be able to catch more, thus giving them more fish to dry and sell in the market. Ibonne has hopes of expanding her business and making it a success. Moreover, she wants to save money for the future schooling of her children and to repay her loan on time.
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.