Gloria is a 51-year-old married woman from Bien Unido, Bohol. She has four children. The oldest child is thirty two, while the youngest is ten. She is engaged in sea weed farming. She has been in the business for fifteen years. She is requesting a loan of 21,000 PHP to pay for wood, gasoline, and fishing boat repair and maintenance. She works hard to earn a living. Gloria would like to expand her business by investing in other businesses to support her family and save for her children's education.
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.