Virginia is a 53-year-old married woman from Talibon, Bohol. She has ten children; the oldest is 34, while the youngest is 18.
Virginia is engaged in fishing. She sells fish, crabs, and sea shells to earn a living. Her husband is a fisherman, and she has been fishing for almost ten years.
Virginia has requested a loan of 12,000 PHP to buy fishing materials like fish nets and crab cages, and to pay school fees. This will help her get a bigger catch to increase sales, as well as to meet the family's daily needs.
In the future, Virginia would like to expand her fishing business to provide her family with good food, and to save for the education of her children.
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.