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Elisa
Elisa S. is from the village of Tumpagon, Cagayan de Oro City. She is 64 years old. Elisa is married and has two adult children. To make a living, Elisa owns & operates a sari-sari (variety) retail shop selling both food & daily use products in the local community. Elisa has been engaged in her business for over two years and earns approximately 3,000 PHP a month for these activities.

In 2009, Elisa joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Elisa has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to invest in expanding the business. Elisa is requesting a new loan of 6,000 PHP, which will be used to invest in expanding the business. This loan will be the second loan taken out by Elisa from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her 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

  • $1175
    Average annual income
  • 247
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 45.8
    Philippines Pesos (PHP) = $1 USD