Check out other loans that are currently fundraising!
Caroline
Caroline B., from the village of Lagundi, Mambajao, Camiguin Province, is 30 years old, married, and has two school-aged children. To make a living, for over two years Caroline has been making and selling viands, especially Filipino delicacies such as ginataang monggo or green beans, vegetable lumpia, and sotanghon in the local community. She earns approximately 5000 PHP a month.



In 2010, Caroline joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting her first loan for 5000 PHP to purchase raw ingredients and use as working capital, she plans to use the additional revenue generated from the business to improve/expand her enterprise.



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
  • 287
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Caroline as working capital and to purchase raw ingredients needed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Oct 23, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011