Caridad is a married woman and a mother of four children from CPG, Bohol.
She has been engaged in a fishing business for more than seven years now, together with her husband. This is the source of her income.
Caridad is asking for a loan to buy fishing nets and fuel for the boat. Through this loan, her husband will be able to improve his catch, thus giving them more fish to sell in the market. Caridad dreams of improving their fishing business so that it will generate more income necessary for the needs of the family such as for her children's schooling.
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.