A loan of $200 helped to purchase additional products to sell.

Magdalena's story

Magdalena P. is from the town of Trinidad. She is 52 years old. Magdalena is married. To make a living, Magdalena owns & operates a general store. While not the only means for generating revenue, the main source of income for the business comes from selling a variety of different products in the local community. Magdalena also retails gasoline. She says it is very helpful to motorists because the next gas station is quite far.

Magdalena joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Magdalena has successfully repaid a previous loan from CEVI. Magdalena is requesting a new loan of 8000 PHP which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.

Loan details

Lenders and lending teams

Loan details