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Elisa
Elisa P. is from the village of North Park Area, Wao, Lanao del Sur. She is 42 years old. Elisa is married and has two school-aged children. To make a living, Elisa sells livestock. The main source of income for the business comes from buying and selling broiler chickens. Elisa has been engaged in her business for over five years and earns approximately 8,000 Philippines pesos (PHP) a month from it.

In 2010, Elisa joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Elisa is requesting a new loan of 5,000 PHP, which will be used to purchase livestock to sell in future. This will be the first 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
  • 286
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Elisa to purchase livestock to sell in the future.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2010
Listed
Aug 13, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011