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Leonora
Leonora R. is from the village of Minlagas, San Luis, Gingoog City. She is 34 years old. Leonora is married and has three school-age children. Leonora owns and operates an agricultural business, planting and harvesting a variety of vegetables, like eggplants and string beans. Leonora has been engaged in her business for over 10 years and earns approximately 8,500 PHP a month.

In 2010, Leonora joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonora has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to purchase additional seeds, seedlings, and young crops to raise. Leonora is requesting a new loan of 8,000 PHP, which will be used to purchase fertilizers for newly planted crops. This loan will be the second loan taken out by Leonora from HSPFI. She plans to use the additional revenue generated from the business to improve and expand it.


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
  • 363
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Leonora to purchase fertilizers for newly planted crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2011
Listed
May 2, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012