Marlyn is a 42-year-old married woman and a mother of four children. They live in Getafe, Bohol. Marlyn has been engaged in a fishing business together with her husband for more than 10 years now. This is the source of their income.
Marlyn is asking for a loan to buy new fishing nets and to pay for the repair of the fishing boat. With this, her husband will be able to improve his catch thus giving them more fish to sell in the market. In the future, Marlyn hopes to make their fishing venture a success. Moreover, she wants to save money for the schooling of her children and to repay her loan on time.
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.