Pablita G. is from the village of San Francisco, Balingasag, Misamis Oriental. She is 56 years old. Pablita is married and has six adult children.
To make a living, Pablita buys and sells bananas and coconuts for copra (coconut meat for making oil) in the local community. Pablita has been engaged in her business for over three years and earns approximately 4,000 PHP a month.
In 2010, Pablita joined HSPFI to gain access to financial services to help improve her business and living situation. Pablita has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional inventory and for working capital.
Pablita is requesting a new loan of 5,000 PHP, which will be used to purchase additional green bananas and coconuts for copras. This will be the third loan taken out by Pablita from HSPFI. She plans to use the additional revenue generated from the loan to improve and expand her business.
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.