Mae Darlene P. is from the village of San Roque, Maramag, Bukid. She is married with two children. Mae Darlene has a sari-sari (variety) store selling daily-use products such as canned goods, snack foods and instant noodles. She has been engaged in her business for over three years and earns approximately 5000 PHP a month.
In 2009, Mae Darlene joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 8000 PHP from HSPFI and is requesting a new loan of 5000 PHP to purchase additional inventory. This will be the fouth loan taken out by Mae Darlene from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.
About HSPFI: HSPFI is an accredited partner 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.