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Ninita N. is from the village of San Jose, Mahinog, Camiguin Province. She is 58 years old, married and has 2 adult children. To make a living, Ninita owns and operates a sari-sari (variety) retail shop, selling daily use products such as shampoo, soap, snack foods, canned goods and toothpaste in the local community. Ninita has been engaged in her business for over 2 years and earns approximately 10,000 PHP a month from these activities.

In 2009, Ninita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ninita has successfully repaid a previous loan of 12,000 PHP from HSPFI. This previous loan was used to purchase additional inventory and for working capital.

Ninita is requesting a new loan of 15,000 PHP which will be used to purchase additional products to sell like biscuits and instant noodles. This loan will be the 5th loan taken out by Ninita from HSPFI. She plans to use the additional revenue generated from the business 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, Kiva created this template for our Field Partner 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
  • 1880
    View loans »
    Philippines Loans Fundraising
  • $60,984,950
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ninita to purchase additional products to sell like biscuits and instant noodles.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 13, 2011
Jan 15, 2011
Currency Exchange Loss:
Nov 15, 2011