Daygie and her husband have been engaged in a fishing business for more than three years. Her husband catches the fish and she sells the catch at market. This business is the sole source of their income. They live in Getafe, Bohol, with their five-month-old baby.
Daygie is requesting a loan in order to buy new fishing nets, lead weights, and fuel for the boat. With this investment, her husband will be able to improve his catch, thus providing her with more fish to sell at the market.
In the future, Daygie hopes to make their fishing business a success.
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.