Teresita is a 41-year-old married woman and a mother of five children from Carlos P. Garcia, Bohol. She has earned a living through her fishing business, together with her husband, for more than 15 years now.
Teresita is asking for a loan to buy new fishing nets and an engine for her boat. In the future, she hopes to make their fishing business a success so that it will continue to generate the income necessary to meet the needs of her family, especially for her children's schooling.
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.