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.
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.
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.
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