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Virginia
Virginia A. is from the village of Kimagting, Ninoy Aquino, Kalilangan, Bukidnon. She is 60 years old, married and has one adult child. To make a living, Virginia owns and operates a business providing videoke, karaoke and computer games services for local community members. Virginia has been engaged in her business for over 10 years and earns approximately 10,000 PHP a month from these activities.

In 2009, Virginia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Virginia has successfully repaid a previous loan of 17,000 PHP from HSPFI. This previous loan was used to purchase materials needed to provide her service.

Virginia is requesting a new loan of 23,000 PHP which will be used to purchase tools needed for the maintenance of the service. This loan will be the 7th loan taken out by Virginia 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 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, Kiva created this template for our Field Partner 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
  • 1476
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Virginia to purchase tools needed for the maintenance of her service.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
Apr 22, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012