Evangeline S. is from St. Joseph Village, Mambajao, Camiguin Province. She is 38 years old. Evangeline is married and has four school-aged children. To make a living, Evangeline owns & operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes from buying and selling vegetables like cabbages, carrots, potatoes, eggplants & "pipino" in the local community. She is also selling food seasonings and vinegar & soy sauce in pouches. Evangeline has been engaged in her business for over five years and earns approximately 5000 PHP a month for these activities.
In 2011, Evangeline joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Evangeline is requesting a loan of 4000 PHP which will be used to purchase additional products to sell like vegetables & food seasonings. This will be the 1st loan taken out by Evangeline from HSPFI. She plans to use the additional revenue generated from the business to improve/expand the borrower's business.
HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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.