In 2009, Marilou joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Marilou has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Marilou is requesting a new loan of 8,000 PHP, which will be used to invest in expanding the business. This loan will be the second taken out by Marilou from HSPFI. She plans to use the additional revenue generated from the business to improve/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.
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.
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