Mary Ann is a 42-year-old married woman and a mother of eight children from Bohol, Philippines. She is has engaged in a fishing business together with her husband for more than 5 years now. This is the source of their income.
Mary Ann is asking for a loan to buy fishing nets, and fuel for the boat. With this, her husband will be able to enhance his daily catch thus giving them more fish to sell in the market.
Mary Ann hopes of expanding her business in the future and save money for the schooling 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.