Jocelyn is a married woman and a mother of four grown children from Bohol, a province in the Philippines. She operates a sari-sari or variety store for a living. She sells various goods like sardines and other canned goods, soap, shampoo and other things. This is the source of her income. Her husband works as a fisherman. Jocelyn is asking for a loan to buy more stock to sell like rice, soda and beverages, soap and toiletries, seasonings, and cooking ingredients. Jocelyn is hopeful that this loan will help her improve her business and way of living.
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.