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Michelle is 24 years old and lives in the Philippines. She is separated with one child. Michelle has a retail shop that sells canned goods, snacks, biscuits, and beverages. She has had this business for three years and has requested a loan of PHP 5,000 to buy more inventory. Michelle is a new member of HSPFI and hopes to improve her business.

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
  • 1857
    View loans »
    Philippines Loans Fundraising
  • $61,010,950
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Michelle to buy canned goods, snacks and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 27, 2011
Jun 15, 2011
Currency Exchange Loss:
Nov 15, 2011