Sally O. is from the village of Baikingon, Cagayan de Oro. She is 29 years old, married, and has three school-aged children.
Sally owns and operates a business raising pigs for sale. She has been engaged in her business for over five years and earns approximately 2,000 PHP a month.
In 2007, Sally joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 11,000 PHP from HSPFI. This previous loan was used to purchase piglets to raise and sell.
Sally is requesting a new loan of 13,000 PHP which will be used to invest in expanding her business. This will be her 4th loan from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children and to support the needs of the family.
HSPFI is one of the 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, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
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.