Alma is a married woman from Talibon, Bohol. She is engaged in a retail business. She sells coconut wine and soft drinks to customers in the community.
Aside from this buy and sell business, Alma is also engaged in fishing. She has been in the fishing business for 5 years. Alma requested a loan of 5,000 PHP to buy fishing materials like fish nets, fish hooks and fuel for the motorboat which is very helpful in their daily fishing activity. In the future, Alma would like to expand her business to improve their standard of living.
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.