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Letecia
Letecia B. is from the village of Pelaez, Claveria, Misamis Oriental. She is 44 years old. Letecia is separated from her spouse and has three school-aged children. To make a living, she plants and harvests corn to sell. She has been engaged in her business for over five years and earns approximately $175 a month for these activities.

In 2008, Letecia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 8,000 PHP from HSPFI. This previous loan was used to purchase fertilizers such as manure.

Letecia is requesting a new loan of 10,000 PHP which will be used to purchase general farm supplies and equipment. This will be her 4th loan from HSPFI. She plans to use the additional revenue generated to improve 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
  • 308
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Letecia to purchase general farm supplies & equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011