Jeralyn is a 39-year-old married woman and a mother of seven young children from Bohol, Philippines. She has been engaged in the rice-farming business, together with her husband, for several years now. This is the source of their income.
Jeralyn is requesting a loan to buy fertilizer and pesticides for the plants. With this, she and her husband will be able to grow and produce a good harvest, thus increasing their yield and income.
In the future, she dreams of expanding their business and saving money for the continuous schooling 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.