Jennifer is a 44-year-old, married woman and a mother of five young children from Loon, Bohol, Philippines. She has run a sari-sari or convenience store and a bakeshop for more than 18 years now. Jennifer works hard to support her husband in meeting the needs of the family especially for the schooling of their children.
Jennifer wants to avail a loan to buy more ingredients for baking and additional stock to sell such as noodles, rice, soda, and others. In the future, Jennifer wants to improve her business and save money for 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.