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Gloria
Gloria E. is from the village of Tablon, Digkila-an, Iligan City. She is 54 years old, married, and has six adult-aged children. To make a living, Gloria owns and operates a business venture in the retail sector running a sari-sari (variety) store. The main source of income for the business comes from selling both food and daily use products in the local community. Gloria has been engaged in her business for over ten years and earns approximately 10,000 PHP a month from these activities.

In 2006, Gloria joined Kiva partner HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 18,000 PHP from HSPFI. This loan was used to purchase additional products to sell. Gloria is requesting a new loan of 21,000 PHP, which will be used to invest in expanding the business. This loan will be her tenth from HSPFI. She plans to use the additional revenue generated to improve and 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
  • 1454
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD