Elena Palutao

Elena Palutao is from the village of Valencia City. She is 55 years old. Elena is married and has 1 adult child. To make a living, Elena owns and operates a business venture in the food sector, making and selling food. The main source of income for the business comes from selling snacks and other delicacies in the local community. Elena has been engaged in her business for over 10 years and earns approximately 3,000 PHP a month for these activities.

In 2009, Elena joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Elena is requesting a loan of 4,000 PHP which will be used to purchase raw ingredients needed to make products for sale. This will be the 1st loan taken out by Elena from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

About HSPFI:

HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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

Subscribe