Ma. Fe is a 59-year-old married woman and a mother of six grown-up children from Bien Unido, Bohol. She has been engaged in a fishing and seaweed farming business together with her husband for more than 10 years now. This has been their source of income.
Ma.Fe is asking for a loan to buy new fishing nets. lead weights and seaweed seedlings. With this, they will be able to improve their business as well as their income. Ma. Fe believes that they will be able to expand their business through hard work and perseverance.
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.