Mariaflor T. is from the village of San Andres, Kadingilan Bukidnon. She is 40 years old. Mariaflor is married and has four grown children.
To make a living, Mariaflor owns and operates a business raising crops. The main source of income for the business comes primarily from planting and harvesting a variety of vegetables for sale. Mariaflor has been engaged in her business for over 10 years and earns approximately 7,000 PHP a month for these activities.
In 2009, Mariaflor joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Mariaflor has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional seeds, seedlings, and young crops to raise. Mariaflor is requesting a new loan of 8,000 PHP, which will be used to invest in expanding the business. This loan will be the 2nd loan taken out by Mariaflor from HSPFI. She plans to use the additional revenue generated from the business to improve and expand her business.
HSPFI is one of 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.
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.