Laura is a 44-year-old married woman from Talibon, Bohol. She is engaged in fishing. Her husband, who is a fisherman, operates their fishing boat. Laura sells his catch at the market. According to Laura, they earn about 5,000 PHP per month doing this fishing business. She works hard to support her husband in providing for their needs. She said that it is her goal to feed her family 3 times a day. Laura has requested a loan to purchase fishing nets, crab traps and other materials. She hopes this loan will help improve their 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.