Marlita is a 46-years-old married woman from Ubay, Bohol. She has six children ages 10-26. Marlita is involved in a fresh fish and crabs retail business for 10 years now. Her family is also involved in the fishing business. She usually earns 4,000 PHP per month from these businesses. She is asking for a loan of 10,000 PHP to buy more fresh fish, crabs and fishing nets. The additional capital will help boost Marlita's business and income.
In the future, she hopes to have another business to generate more profits.
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.