Evangeline E. is from the village of Lawigan, Catarman, Camiguin Province. She is 31 years old. Evangeline is married and has three school-aged children.
To make a living, Evangeline makes and sells snacks and other delicacies, like rice and cheesecakes. She is also making and selling orange ice candies and juices. Evangeline has been engaged in her business for over 10 years and earns approximately 11,000 Philippines pesos (PHP) a month from it.
In 2008, Evangeline joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Evangeline has successfully repaid a previous loan of 12,000 PHP from HSPFI. This previous loan was used to purchase additional inventory and as working capital.
Evangeline is requesting a new loan of 5,000 PHP, which will be used to purchase raw ingredients needed to make products for sale, like rice and eggs. This will be the fifth loan taken out by Evangeline from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.
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.
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.