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.
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.
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.