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Arlene
Arlene A. is 22 years old and married with three children. She is living with her family at Pigsag-an, Cagayan de Oro City, Mindanao, Philippines.


Arlene has been in her buying and selling business for three years. She buys raw bananas and copra products from her neighbors. When she has enough stock, with the help of her husband, she'll transport the products to the city and sell them.


She is so grateful for the assistance extended by HSPFI in their area through its micro-finance program. Arlene wants to expand her business to earn more. She is requesting a loan of PHP 11,000 to buy more raw bananas and copra products to sell in the city.


Arlene sends her thanks to all Kiva lenders.

Additional Information

About Hagdan Sa Pag-uswag Foundation, Inc.

Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI) is a non-governmental development organization founded in 1987 to promote Christian values through microfinance services in the Philippines. It partners with Opportunity International and the Mindanao Microfinance Council among others, and offers a range of business and community development services, including savings and insurance programs in addition to lending.

About Philippines

  • $7,000
    Average annual income
  • 1416
    View loans »
    Philippines Loans Fundraising
  • $59,134,475
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Arlene to buy more raw bananas and copra products to sell in the city.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2009
Listed
Apr 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010