Check out some available loans that are similar to this one!
Madelyn
Madelyn V. is from the village of Villa Felipa, Magsaysay, Misamis Oriental. She is 31 years old, is married, and has one school-aged child.

Madelyn owns and operates a business raising chickens for sale. She has been engaged in her business for over three years and earns approximately 3,500 PHP a month.

In 2005, Madelyn joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 15,000 PHP from HSPFI.

Madelyn is requesting a new loan of 16,000 PHP which will be used to purchase more chicks to raise and sell. This loan will be her 6th from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family.


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, Kiva created this template for our Field Partner 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

  • $1175
    Average annual income
  • 260
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Madelyn to purchase more chicks to raise and sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 22, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010