Erlinda is a 56-year-old married woman and a mother of four grown up children. They live in Bien Unido, Bohol. She has been engaged in a fishing business together with her husband for more than 34 years now. This is the source of their income. She is asking for a loan to pay for the repair of the fishing boat. In the future, Erlinda hopes to augment their income so that they can provide 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.