Cheryl P. is 25 years old and engaged in the fish-selling business. Her parents are fishermen and she married a fisherman as well. She has two children and desires to give them a brighter future. Her wish is to send her children to college so that when they get older they will be able to land better employment.
She now needs additional capital to run her fish-selling business. If ever she gets a loan at CEVI, she will buy more fish to resell to augment her sales and profit.
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.