Jovelyn earns a living through her retail sales of cosmetic goods to the people in her community. Jovelyn is a married woman and a mother of four children. Her husband works as a farmer.
Jovelyn is asking for a loan to buy more cosmetic products to sell, such as lotion, perfume, makeup and others. With this, she will be able to improve her inventory, thus allowing her to sell more products to her customers and increase her sales and profit. In the future, Jovelyn hopes of making her business a success and a sustainable source of 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.