Teofila is a married woman with three children ages 22, 24 and 25. Her husband is a fisherman. Teofila is involved in seaweed farming. She sells dried and fresh seaweed. She also helps her husband sell his catch at their town's market. Teofila works hard to help provide for her family's basic needs.
Teofila is requesting a loan to purchase seaweed seedlings, straw and gasoline. She hopes to have a successful business in the future.
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.