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Leilita
Leilita is from the village of Sinayawan, Valencia City, Bukidnon. She is 37 years old. Leilita is married and has 3 school-aged children. To make a living, Leilita owns & operates a business making and selling snacks & other delicacies, like rice & cheese cakes, in the local community. Leilita has been engaged in her business for over 3 years and earns approximately 10,000 PHP a month for these activities.

In 2009, Leilita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leilita has successfully repaid a previous loan of 15,000 PHP from HSPFI. This previous loan was used to purchase additional ingredients & working capital. Leilita is requesting a new loan of 20,000 PHP, which will be used to purchase raw ingredients needed, like flour, eggs & powdered rice. This loan will be the 6th loan taken out by Leilita from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

About HSPFI:

HSPFI is one of 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

  • $7,000
    Average annual income
  • 1445
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Leilita to purchase raw ingredients needed, like flour, eggs & powdered rice.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012