Jocelyn is a 36-year-old married woman from Antequera, Bohol. She has six children. She is engaged in basket weaving. She sells native baskets made of nito or native palm. She has been in the basket weaving business for five years. She requested a loan of 4,000 PHP to buy nito (native palm) and wicker (hard woven fiber formed into a rigid material usually used for baskets or furniture). Jocelyn would like to improve her business in order to support her family and save for the education of her children.
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.