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Eleonor
Eleonor P. is from the village of Eastern, Wao, Lanao del Sur. She is 34 years old. Eleonor is married and has 2 school-aged children. To make a living, Eleonor owns & operates a tailoring business, providing general alteration or upholstery & tailoring services to local community members. Eleonor has been engaged in her business for over 6 years and earns approximately 10000 PHP a month for these activities.

In 2009, Eleonor joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 9000 PHP from HSPFI. This previous loan was used to purchase additional tailoring equipment such as needles & thread. Eleonor is requesting a new loan of 11000 PHP which will be used to purchase additional fabrics & materials. This will be the 5th loan taken out by Eleonor 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 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
  • 1447
    View loans »
    Philippines Loans Fundraising
  • $59,139,875
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Eleonor to purchase additional fabrics & materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 21, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012