Ma. Saturnina is a 25-year-old married woman with 2 young children. She and her husband have been running a fishing business in Nocnocan, Talibon for 10 years. This business earns 10000 PHP per month.
Ma. Saturnina has requested a loan to purchase fishing nets, crab traps and other materials. Ma. Saturnina hopes for this loan to help improve their fishing business.
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.