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Agnes
Agnes B. is from the town of Launion, San Isidro, Medina, Misamis Oriental. She is 46 years old, married, and has ten adult children.

Agnes owns and operates a sari-sari (variety) store, selling a variety of different products in the local community. She is just starting this business.

In 2009, Agnes joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used to purchase additional grocery items for sale. This loan will be her first from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family and to support the education of her children.


About HSPFI:
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.

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

  • $1175
    Average annual income
  • 372
    View loans »
    Philippines Loans Fundraising
  • $50,808,425
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Agnes to purchase additional grocery items for her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2009
Listed
Jun 22, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009