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Loreto
Loreto is 45 years old and lives in the Philippines. He is widowed with six children.

Loreto has a souvenir shop that sells souvenirs made from sea shells. He has had this business for five years. He requested a loan of PHP 5,000 to buy the materials he needs to make souvenirs.

Loreto is a new member of HSPFI. In the future, Loreto 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

  • $7,000
    Average annual income
  • 1086
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Loreto to buy the materials he needs to make souvenirs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012