Jeneth B. is from the town of Trinidad. She is 33 years old. Jeneth is married and has three children. Her eldest child is 15 years old. To make a living, Jeneth cooks and sells food for daily meals. Jeneth has been engaged in her business for almost six years now. She earns PHP 4000 a month.
Jeneth joined CEVI to gain access to financial services to help improve her business and living situation. Jeneth has successfully repaid a previous loan from CEVI. She is requesting a new loan of 10000 PHP, which will be used to purchase vegetables and other ingredients. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.