Bibiana is a 59-year-old married woman from Talibon, Bohol. She is engaged in fishing. She and her husband work hard to earn a living. She has been selling fish for more than 10 years now.
She has requested a loan of 7,000 PHP to purchase fishing nets and to have additional capital to survive her fishing activity.
In the future, Bibiana would like to expand her fishing business and to set aside some of the profits to buy a new pump boat, which would be very helpful to her.
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.