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Ismael
Ismael J., Jr. is from the village of Danggawan, Maramag, Bukidnon. He is 64 years old and married. To make a living, Ismael owns and operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Ismael has been engaged in his business for over 10 years and earns approximately 7000 PHP a month for these activities.


In 2008, Ismael joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Ismael has successfully repaid a previous loan of 10,000 PHP from HSPFI. This previous loan was used to to purchase baby livestock to raise and sell in the future. Ismael is requesting a new loan of 13,000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the fourth loan taken out by Ismael from HSPFI. He plans to use the additional revenue generated from the business to improve and 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.

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
  • 1278
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Ismael to purchase livestock feed and other supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011