Romel is a 30-year-old man from the town of Loboc, Bohol. He is a hard-working man who is engaged in raising hogs and providing transportation service with his motorcycle (habal-habal) for five years now.
Romel wants to expand his business and is asking for a loan of 6,000 PHP to buy piglets, feed and tires. Romel hopes that he will be able to sustain and continue to improve his business to better prepare his future.
He plans to expand his business and make it bigger for increased profitability.
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.