Jackilyn E. is from the town of Sto. Niño. She is 29 years old, married and has 3 school-aged children. To make a living, Jackilyn owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice for sale. Jackilyn wishes to have enough income for her family. She does not want her children to experience difficulties.
Jackilyn joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Jackilyn has successfully repaid a previous loan from CEVI. Jackilyn is requesting a new loan of 15,000 PHP which will be used to purchase farm supplies. She plans to use the additional revenue generated from the business to support her family financially.
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.