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.
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.