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.
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.
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.