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Tomas
Tomas J. is from the village of New Compostela, Damulog, Bukidnon. He is 44 years old, married and has two school-aged children. To make a living, Tomas owns and operates a business venture in the agriculture sector raising pigs for sale. Tomas has been engaged in his business for over seven years and earns approximately 6,000 PHP per month from these activities.

In 2009, Tomas joined Kiva partner, HSPFI, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 5,000 PHP from HSPFI. This loan was used to purchase baby livestock to raise and sell in future. Tomas is requesting a new loan of 8,000 PHP, which will be used to purchase livestock feed and other supplies. This loan will be his second from HSPFI. He plans to use the additional revenue generated from the business to improve and expand his business.


About HSPFI

HSPFI is one of the 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

  • $1175
    Average annual income
  • 298
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Tomas to purchase livestock feed and other supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Mar 25, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012