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Jessie Leo
Jessie Leo J. is from the village of Manticao, Misamis Oriental. He is 19 years old. Jessie Leo is married and has one infant child. Jessie Leo owns a business which provides motorcycle or habal-habal services to local community members. He has been engaged in his business for over a year and earns approximately 3,500 PHP a month.

In 2010, Jessie Leo joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. He is requesting a new loan of 5,000 PHP which will be used to purchase materials needed to provide service and motorcycle maintenance. This loan will be the 1st loan taken out by Jessie Leo from HSPFI. He plans to use the additional revenue generated to expand his business.

About HSPFI:

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.

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
  • 287
    View loans »
    Philippines Loans Fundraising
  • $53,225,600
    Funds lent in using Kiva
  • 45.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jessie Leo to purchase materials needed to provide service and motorcycle maintenance.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010