Marijen is a 34-year-old, married woman from Dauis, Bohol. She has four children. The oldest child is 8, while the youngest is 3. Marijen sells fish in her community as a source of livelihood. Her husband is a fisherman. She earns 3,000 pesos a month by doing the fish vending. She requested a loan of 17,000 PHP to purchase a fish net, and have additional capital to acquire more fish to sell. Marijen would like to expand her business by investing in other business ventures to support her family and at the same time to save for the education of her children.
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.