Dewani is thirty-one years old and from the village of Baylao, Mambajao, Camiguin Province. She is separated from her spouse and has three school-aged children. Dewani owns and operates a sari-sari (variety) retail shop. Her main source of income comes from buying and selling canned goods, junk food, beverages, shampoo, soap, detergent and biscuits in the local community. Dewani has been engaged in her business for over one year and earns approximately 12000 PHP a month.
In 2008, Dewani joined Kiva partner Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) to access financial services to improve her living situation and ability to engage in business. She has successfully repaid a previous HSPFI loan of 15000 PHP, which was used to to purchase additional inventory and working capital. Dewani requests a new 20000 PHP loan to purchase additional canned goods, junk food and beverages. This loan will be her sixth loan from HSPFI. She plans to use the additional revenue to improve and expand her business.
About Hagdan sa Pag-uswag Foundation, Inc. (HSPFI):
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.