Ralph D. is from the village of Tagdo, Mambajao, Camiguin Province. He is 26 years old and is single.
Ralph owns and operates a business providing transport services to local community members using his "habal-habal" (a motorcycle with an extended seat that carries 2-6 passengers). He has been engaged in his business for over two years and earns approximately 3,000 PHP a month.
In 2009, Ralph joined HSPFI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Ralph is requesting a loan of 5,000 PHP which will be used to purchase materials needed to provide service. This loan will be his first from HSPFI. He plans to use the additional revenue generated from the business to supplement his family’s income.
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.