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Alexander
Alexander G. is from the village of Brgy.4, Talakag Bukidnon. He is 48 years old. Alexander is single. To make a living, Alexander owns & operates a service-based business. The main source of income for the business comes from providing hairdressing & beauty services to local community members. Alexander has been engaged in his business for over 12 years and earns approximately 2,500 PHP a month for these activities.

In 2009, Alexander joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Alexander is requesting a loan of 8000 PHP which will be used to purchase materials needed to provide more better service. This will be the 2nd loan taken out by Alexander from HSPFI. He plans to use the additional revenue generated from the business to improve/expand his business.

About HSPFI:

HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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
  • 1265
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 45.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Alexander to purchase materials needed to provide more better service.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010