Alma is a 40-year-old married woman and a mother of five children. She is from Getafe, Bohol, Philippines.
She has been engaged in the fishing business for more than five years now. Her husband works as a fisherman.
Alma is requesting a loan to buy fuel and spare parts for the fishing boat. The loan would allow her husband to enhance his daily catch, thus increase their sales in the market.
In the future, Alma dreams of expanding their business so that it will augment their revenue enough to meet the needs of the family.
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.