Francisca is a 53 year old married woman from Talibon, Bohol. She has 4 children. The oldest child is 16 while the youngest is 7. She engages in fishing. She sells fish to earn a living. She has been selling fish for more than 5 years now. Francisca requested a loan of 10,000 PHP to buy fishing nets and to pay for her fishing boat repairs. In the future, Francisca would like to expand her fishing business to provide her children with proper foods and quality education.
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.