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Tarcela
Tarcela T. is from the village of Sampagar, Damulog, Bukidnon. She is 64 years old. Tarcela is married and has 10 adult children. To make a living, Tarcela raises pigs for sale. She also sells rubber collected from rubber trees. Tarcela has been engaged in her business for over 10 years and earns approximately 7000 PHP a month from these activities.

In 2010, Tarcela joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Tarcela has successfully repaid a previous loan of PHP from HSPFI. This previous loan was used to purchase livestock feed and other supplies.

Tarcela is requesting a new loan of 10000, which will be used to purchase more livestock feed and other supplies. This loan will be the 3rd loan taken out by Tarcela from HSPFI. She plans to use the additional revenue generated to improve/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

  • $1175
    Average annual income
  • 297
    View loans »
    Philippines Loans Fundraising
  • $52,099,125
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Tarcela to purchase livestock feed & other supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2011
Listed
Jan 20, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011