Arlene is a 28-year-old woman from Garcia, Bohol. She has one child, a 2-year-old son. She is engaged in a fishing business. She has been in this business for five years now. This is the source of her income.
Arlene is requesting a loan to buy fish net, lead weights, floaters, and fish hooks. These materials are used in fishing. With the help of this loan, she will be able to buy these materials so she can start her own business. In the future, Arlene 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.