Jusilyn S. is from the town of Veruela. She is 35 years old, married and has five children. Her eldest is 18 years old. To make a living, Jusilyn owns and operates a business growing crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice and corn for sale. Jusilyn also sells ready-to-wear and used clothes.
Jusilyn joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from CEVI. Jusilyn is requesting a new loan of 8,000 PHP which will be used to purchase fertilizers and other farm inputs. She plans to use the additional revenue generated from the business to make improvements to her house.
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.