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Mickel
Mickel N. is from the village of San Isidro, Medina, Misamis Oriental. He is 33 years old. Mickel is married and has three school-aged children. To make a living, Mickel owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes from raising chickens for sale. Mickel has been engaged in his business for over five years and earns approximately 5000 PHP a month for these activities.

In 2011, Mickel joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Mickel is requesting a loan of 5000 PHP which will be used to purchase livestock feed & other supplies. This will be the 1st loan taken out by Mickel from HSPFI. He plans to use the additional revenue generated from the business to improve/expand his business.

About HSPFI:

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.

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Mickel to purchase livestock feed & other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011