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Gemma C. is from the village of Port Area, Iligan City. She is 46 years old. Gemma is married and has five adult children.

To make a living, Gemma provides computer services and sells used clothing or ukay-ukay to local community members. Gemma has been engaged in her business for over four years and earns approximately 15,000 PHP a month.

In 2008, Gemma joined HSPFI to gain access to financial services to help improve her business and living situation. Gemma has successfully repaid a previous loan of 13,000 PHP from HSPFI. This previous loan was used to to purchase additional inventory and for working capital.

Gemma is requesting a new loan of 15,000 PHP, which will be used to purchase tools needed for the maintenance of the computer service. This will be the fifth loan taken out by Gemma from HSPFI. She plans to use the additional revenue generated from the loan to improve and 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

  • $7,000
    Average annual income
  • 710
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Gemma to purchase tools needed for the maintenance of the service.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Mar 14, 2011
Mar 15, 2011
Currency Exchange Loss:
Jan 15, 2012