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Marlyn T. is from the village of Cabuan, Guinsiliban, Camiguin Province. She is 42 years old and separated with three school-aged children. To make a living, Marlyn owns and operates a sari-sari (variety) retail shop. Her main source of income comes primarily from selling food and daily use products in the local community. Marlyn has been engaged in her business for over two years and earns approximately 4,000 PHP a month.

Marlyn joined Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in 2010 to gain access to financial services to help improve her living situation and ability to engage in business activities. Marlyn is requesting a loan of 5,000 PHP which will be used to purchase additional products to sell and to provide working capital. This loan will be the first loan taken out by Marlyn from HSPFI. She plans to use the additional revenue generated with her loan to improve and expand her 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.

*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

  • $7,000
    Average annual income
  • 1437
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marlyn to purchase additional products to sell and to provide working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 18, 2010
Oct 23, 2010
Currency Exchange Loss:
Mar 15, 2011