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Irenita
Irenita E. is from the village of Santo Filomena in Iligan City. Irenita is a 44-year-old, married woman with seven school-age children. To make a living, Irenita owns and operates a business venture in the retail sector; specifically, she sells home products. Irenita has been engaged in her business for over 10 years and earns approximately 5,000 PHP per month from these activities (primarily from selling personal home products on a consignment basis to local community members).



In 2009, Irenita joined HSPFI in order to gain much-needed access to financial services and, in turn, to help improve her living situation and ability to engage in business activities. This loan is the first loan she is seeking via HSPFI. Indeed, Irenita is requesting a loan in the amount of 5,000 PHP ($125), which will be used to expand her business. She plans to use the additional revenue generated from the business as a result of the loan to supplement her family's income.



About HSPFI: HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and its purpose is to provide financial assistance to the poor households of Northern Mindanao.

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
  • 1397
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD