Thelma is a 33-year-old married woman with four children, the oldest of whom is 12. Thelma and her husband run a fishing business in Bien Unido, Bohol. Thelma sells her husband's catch at the market. She also buys fish from other fishermen and resells them at a profit.
Thelma works hard to support her family. She requested a loan to purchase a fishing boat and nets. She hopes this loan will help increase the profitability of her and her husband's 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.