Marilyn is a 38-year-old married woman from Talibon, Bohol. She has 2 children aged 10 and 2 years. She engages in fishing. She catches fish and crab and sells it to the community. Aside from fishing, she also runs a sari-sari (variety) store. She sells items such as cooking oil, coffee, sugar, eggs and soft drinks. Marilyn has requested a loan of 8,000 PHP to buy crab net, nylon and lift weights, which will help her to increase her catch. In the future, Marilyn would like to expand both of her businesses in order to provide her children with good living conditions and a 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.