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Felix
Felix J. is from the village of Jampason, Initao, Misamis Oriental. He is 59 years old and is married with five adult children.

Felix owns and operates a business using a multi-purpose cab to deliver vegetables to local community members. He has been engaged in his business for over fifteen years and earns approximately 6,000 PHP a month.

In 2010, Felix joined HSPFI to gain access to financial services to help improve his living situation and his ability to engage in business activities. He is requesting a loan of 5,000 PHP which will be used to purchase materials needed to provide service. This loan will be his first from HSPFI.

Felix plans to use the additional revenue generated from the business to improve and expand his 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, Kiva created this template for our Field Partner 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
  • 1471
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Felix to purchase materials needed to provide service.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2010
Listed
Sep 11, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011