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Teresita
Teresita P. is from the village of Langcataon in the Pangantucan municipality of Bukidnon Province. Teresita is married and has two grown children. To make a living, Teresita operates a family member's business running a sari-sari (variety) retail store. The main source of income for the business comes from selling food and daily use products in the local community. Teresita has been engaged in the business for over sixteen years, and she earns approximately 3500 PHP a month for these activities.


In 2008, Teresita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Teresita has successfully repaid a previous loan of 12,000 PHP from HSPFI. Teresita is requesting a new loan of 15,000 PHP, which will be used to invest in expanding the business. This loan will be the sixth loan taken out by Teresita from HSPFI. She plans to use the additional revenue generated from the business to improve/expand the 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
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD