Virginia Daanoy

Virginia Daanoy is from the village of Lurugan, Valencia City. She is 45 years old and single. To make a living, Virginia owns and operates a sari-sari (variety) retail shop, where she sells both food and daily use products in the local community. Virginia earns approximately 2,000 PHP a month.

In 2009, Virginia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Virginia has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase new items to expand her store's product offering. Virginia is requesting a new loan of 8,000 PHP, which will be used to purchase additional products to sell. This loan will be the second loan taken out by Virginia from HSPFI. She plans to use the additional revenue generated from the business to further improve and expand the business.

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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