Cristy P. is from the village of Lunotan, Gingoog City. She is 31 years old. Cristy is married and has six school-aged children. To make a living, Cristy owns & operates a specialized retail store. The main source of income for the business comes from buying and selling coconuts & green bananas in the local community. Cristy has been engaged in her business for over five years and earns approximately 3000 PHP a month for these activities.
In 2011, Cristy joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Cristy is requesting a loan of 5000 PHP which will be used to purchase additional coconuts & bananas. This will be the 1st loan taken out by Cristy from HSPFI. She plans to use the additional revenue generated from the business to further improve/expand her business.
HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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.