Junette F. is from the town of Banga. She is 41 years old. Junette is married and has three school-aged children. Junette owns and operates a livestock business. The main source of income for the business comes from raising pigs for fattening and sale.
In 2009, Junette joined CEVI to gain access to financial services to help improve her living situation and ability to do business. Junette has successfully repaid a previous loan from CEVI. Junette is requesting her second loan, for 8,000 Philippine Pesos (PHP), which will be used to purchase baby livestock to raise & sell. She plans to use the additional revenue generated from the business to supplement her family's 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.