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Cynthia
Cynthia C. is from the village of Libona Bukidnon. She is 34 years old. Cynthia is married and has two school-aged children. To make a living, Cynthia owns & operates a sari-sari (variety) retail shop selling both food & daily use products in the local community. Cynthia has been engaged in her business for over one year and earns approximately 5,000 PHP a month for these activities.

In 2010, Cynthia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Cynthia is requesting a new loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be the first loan taken out by Cynthia 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

  • $7,000
    Average annual income
  • 1679
    View loans »
    Philippines Loans Fundraising
  • $58,968,050
    Funds lent in using Kiva
  • 45.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Cynthia to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010