Tessie, 40, is married, has an 11-year-old son and is from Bien Unido, Bohol. She has been in the fishing business for 10 years now together with her husband. This is the source of her income.
Tessie is requesting a loan to buy fish nets, fish hooks, floaters and lead sinkers, materials used for catching fish. With the help of this loan, she will be able to catch many fish and sell it in her local area.
In the future, Tessie hopes to expand her business.
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.