Paciencia is a 47-year-old married woman and mother of three who lives in Maribojoc, Bohol. She earns a living by selling fish and has been in this business for more than five years. This is her sole source of her income, and she is requesting a loan to buy more dried fish to sell. This will allow her to increase her sales and profit. Her goal is to expand her business so that it will become a stable source of income for her family and allow her to pay for the schooling of her children.
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.