Macarlina G. is from the village of Tagoloan, Misamis Oriental. She is 42 years old. Macarlina is married and has four school-age children.
To make a living, Macarlina owns a specialized retail store which primarily sells seafood products including fish and shrimp in the local community. Macarlina has been engaged in her business for over seven years and earns approximately 8,000 PHP a month for these activities.
In 2009, Macarlina joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Macarlina has successfully repaid a previous loan of 11,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Macarlina is requesting a new loan of 14,000 PHP which will be used to invest in expanding the business. This loan will be the 4th loan taken out by Macarlina from HSPFI. She plans to use the additional revenue generated to improve her 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.