Jessie D. J. is from the town of Banga. He is 35 years old. Jessie is single. To make a living, Jessie owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for fattening and sale. Jessie also tills farm land where he plants and harvests rice crops. Jessie wishes to have his own family someday.
Jessie joined CEVI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Jessie has successfully repaid a previous loan from CEVI. Jessie is requesting a new loan of 10,000 PHP which will be used to buy feeds, vitamins and other farm inputs. He plans to use the additional revenue to improve his business.
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.