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Rosie E. is from Barangay Tumpagon, a village within Cagayan de Oro City on Mindanao. She is 35 years old, married and has five school-aged children. Rosie runs her own sari-sari (variety) store from which she sells a variety of different products to the local community. Rosie has been in business for over three years and earns approximately 7,000 PHP a month.

In 2008, Rosie joined HSPFI to gain access to its financial services. Rosie is requesting a loan of 14,000 PHP, her fourth from HSPFI (her third, successfully repaid, was a loan of 11,000 PHP from HSPFI). She will use her loan to purchase additional products to sell. She plans to use all revenue from her business 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 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 one-on-one translations of entrepreneur profiles are costly, Kiva created this template for our Field Partner to allow it 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
  • 995
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosie to buy additional products to sell in her "sari-sari.".
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Nov 11, 2009
Nov 19, 2009
Currency Exchange Loss:
Sep 15, 2010