Felicitas is a 48 year-old married woman and a mother of six grown-up children. Felicitas has been engaged in a fishing business together with her husband for more than 13 years now. She also runs a sari-sari store. These are the sources of their income.
Felicitas is asking for a loan to buy fishing nets, lead weights, and hooks, as well as stock for her store, like canned goods, biscuits and snack foods, soap and toiletries. With this, her husband will be able to improve his catch and will give them more fish to sell in the market.
Felicitas hopes to make their fishing business successful and sustainable.
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.