Jinny Mae is a 21-year-old woman from the community of Trinidad, Bohol. She is married and relies on her vulcanizing shop business to support her two children aged one and three. Jinny Mae is focusing on her business so she can make it more profitable.
Jinny Mae is asking for a loan of 9,000 PHP to buy a welding machine, compressor and welding rods. This will help her to provide a better service to her customers. The income generated will provide her children with a healthy diet. In the future, she would like to expand her services and her business location so she can attract more customers.
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.