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Marylovelyn P., 19-year-old single mother of two infant-aged children from the village of Cabaksahan, Iligan City, owns and operates a specialized retail store whose main source of income comes from selling bananas in the local community. Marylovelyn is just starting this business.

In 2009, Marylovelyn joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting her first loan of 5000 PHP which will be used to purchase additional products to sell, and she plans to use the additional revenue generated to improve/expand her business.

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, 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.

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
  • 1944
    View loans »
    Philippines Loans Fundraising
  • $61,098,225
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marylovelyn to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 19, 2009
Sep 16, 2009
Currency Exchange Loss:
Feb 15, 2010