Renato is a 32-year-old married man from Talibon, Bohol, Philippines. For the past three years, he has been a farmer. Renato's farm income sustains his family, especially his children, and he works hard to support his family. Renato joined CEVI to have access to the financial services offered by the organization.
Renato is requesting a 4,000 PHP loan to buy additional fertilizer for the plants that he is growing. He dreams of expanding his business venture to increase his income. He hopes to become financially capable of sending his children to school so they can have a better education. Renato adds that he wants to save some of his earnings for future use.
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.