Janeth B. is from the town of Sto.Niño. She is 43 years old, married and has 3 school-aged children. Janeth owns & operates an agricultural business, planting and harvesting rice for sale. Janeth has been engaged in her business for over 28 years now.
In 2008, Janeth joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Janeth has successfully repaid a previous loan from CEVI. She is requesting a new loan of 15,000 PHP which will be used to purchase fertilizers such as manure. This loan will be the sixth loan taken out by Janeth from CEVI. She plans to use the additional revenue generated to supplement her family's income.
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.