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Eva
Eva E. is from the village of Taglimao, Cagayan de Oro City. She is 34 years old. Eva is married and has two school-age children. To make a living, Eva owns and operates a sari-sari (variety) retail shop. The main source of income for the business comes from buying and selling daily-use products, such as shampoo, soap, canned goods, junk food, and toothpaste, in the local community. She also buys and sells gold dust and rice by the kilogram. Eva has been engaged in her business for over three years and earns approximately 8,000 PHP a month for these activities.

In 2009, Eva joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Eva has successfully repaid a previous loan of 17,000 PHP from HSPFI. This previous loan was used to purchase additional inventory and working capital. Eva is requesting a new loan of 20,000 PHP, which will be used to purchase additional products to sell, like canned goods and junk food. This loan will be the sixth loan taken out by Eva 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, 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

  • $7,000
    Average annual income
  • 1335
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Eva to purchase additional products to sell like canned goods & junk foods.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011