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Renny
Renny is 26 years old, married and has two children, a 2-year-old and a 1-month-old baby. He is a very hardworking man, selling homemade ice cream and driving a motorcycle (called habal-habal services) for an income. He and his family live in San Miguel, Bohol.

He is asking for a loan to buy ice cream cones, sugar, milk and spare parts for motorcycle. The profit from his livelihood will be for his family's healthy diet and to reinvestment in the same businesses. In the future, Renny hopes to improve his livelihood so he can support his children's future education.

Additional Information

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.

You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.

About Philippines

  • $7,000
    Average annual income
  • 1436
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Renny to buy ice cream cones, sugar, milk and spare parts for the motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013