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Dominga
Dominga Q. is from the village of Macasandig, Cagayan de Oro City. She is 27 years old, married and has 2 school-aged children. Dominga owns & operates a sari-sari (variety) retail shop where she buys and sells daily use products such as shampoo, soap, toothpaste, canned goods & snack food. Dominga has been engaged in her business for over 3 years and earns approximately 5,000 PHP a month.

In 2010, Dominga joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional products. She is requesting a new loan of 8,000 PHP which will be used to purchase additional inventory & provide working capital. This will be her 2nd loan from HSPFI. She plans to use the additional revenue generated to improve and expand 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
  • 318
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Dominga to purchase additional inventory & provide working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011