Jocelyn L. raises pigs. She said she likes having a pig business very much because she enjoys the work and earns a reasonable profit from it. She is 45 years old and single but still looking for a lucky guy to be her husband.
For 20 years, she worked as a purchaser in one of the restaurants in Davao that was owned by Chinese nationals. She was not happy about her job because she didn't receive enough compensation, so she went back to her village to manage the farm.
Jocelyn is asking a loan of PHP 6,000 from CEVI. She will use the loan to buy piglets and pig feed. The loan will truly help her expand the business. It will also help her get started with a new business as she is interested in venturing into another line to augment her income.
CEVI provides their clients with credit assistance, trainings, and insurance coverage and has helped Jocelyn grow her business.
More information about this loan
On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>
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.
You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.
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