Jasmin is a 32-year-old married woman and a mother of two children from Albur, Bohol, Philippines.
Jasmin makes and sells kalamay, which is a sticky sweet snack/dessert delicacy popular in the Philippines, especially the Bohol regions. It is made out of glutinous rice flour, coconut milk and sugar--usually palm or brown sugar.
Jasmin is asking for a loan to buy ingredients like glutinous rice, sugar, and peanuts. With these ingredients, she will be able to cook more kalamay and sell more, thus augmenting her sales and profit from the business. Jasmin hopes to make her business sustainable and successful in the coming days. In addition to, she wants to 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.