Janette is a 38-year-old married woman from Corella, Bohol. She has five children. The oldest child is 17 while the youngest is 8. She has been in the food vending business for 10 years. She sells homemade spaghetti, fried chicken and pinakbet (mixed vegetables and pork stew cooked with bagoong, which are anchovies), as well as fruit flavored juice like pineapple, mango and orange.
She earns 4,500 pesos a month by doing the food vending business. She requested a loan of 17,000 pesos to buy more merchandise like fruit juices, spaghetti, chicken, tomato sauce, vegetables like squash, ampalaya (bitter gourd), pork and cooking oil.
In the future, Janette would like to invest in other ventures to support the schooling of her children.
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.