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Recsalde is 42 years old and lives in the Philippines. He is married with four children. Recsalde provides motorela or habal-habal services. He has had this business for five years. He requested a loan of 7,000 Philippine pesos to buy tools and pay for the utilities needed for the service.

Recsalde has been a member of HSPFI since 2011. In the future, Recsalde hopes to improve his 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

  • $1175
    Average annual income
  • 296
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Recsalde to buy tools and pay for the utilities needed for a motorela service.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 17, 2011
Jul 8, 2011
Currency Exchange Loss:
Dec 15, 2011