Ma. Helen is a 42-year-old married woman and the mother of 10-year-old son. She has been engaged in a fishing business for than ten years now with her husband. Ma. Helen is asking for a loan to buy new fishing nets and an engine for the boat. With this loan, her husband will be able to improve his catch, thus giving them more fish to sell.
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.