Jane is a 31-year-old married woman and a mother of four young children from Panglao, Bohol. Jane runs a sari-sari or variety store business selling various goods and items to the people in her place. Her husband operates a motorcycle transport business.
Jane is asking for a loan to buy spare parts for the motorcycle like a wheel, a tire, nuts and bolts, and also additional groceries to sell in her store. Through this they will be able to improve their ventures thus augmenting their 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.