Maribeth Jorquia

Maribeth Jorquia is from the village of Tumpagon, Cagayan de Oro City. She is 33 years old. Maribeth is married and has 3 school-aged children. To make a living, Maribeth owns & operates a sari-sari (variety) retail shop. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily use products such as shampoo, soap & toothpaste in the local community. Maribeth is just starting this business. Before, Maribeth was engaged in a food-making business and peddled it in her village.

In 2008, Maribeth joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Maribeth has successfully repaid a previous loan of 11000 PHP from HSPFI. This previous loan was used to purchase additional products to sell. Maribeth is requesting a new loan of 13000 PHP which will be used to invest in expanding the business. This loan will be the fourth loan taken out by Maribeth from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family.

About HSPFI:

HSPFI is one of accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi

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