Roberto V. is from the village of Pag-asa, Salawagan Quezon Bukidnon. He is 44 years old. Roberto is single. To make a living, Roberto owns & operates an animal feed & farm-related products business. Roberto has been engaged in his business for over 19 years and earns approximately 8,000 PHP a month for these activities.
In 2000, Roberto joined HSPFI to gain access to financial services to help improve his living situation and his ability to engage in business activities. Roberto has successfully repaid a previous loan of 15,000 PHP from HSPFI. Roberto is requesting a new loan of 20000 PHP which will be used to purchase new items to expand product offering. This will be the 20th loan taken out by Roberto from HSPFI. He plans to use the additional revenue generated from the business to improve and expand his 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.
*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.
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.