Marlita is a 45-year-old married woman and a mother of two young children from Bohol, Philippines. She has been engaged in a fish vending business for more than twenty years now. Her husband works as a fisherman.
Marlita is asking for a loan to buy more fish to sell and buckets and baskets for storage. With this, she will be able to improve her sales and profit.
In the future, Marlita hopes to make her business a success. In addition, she wants to 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.