Today, get an extra $25 to lend when you make your first Kiva loan.
Precilla's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase new items to expand her product offering.
In 2007, Precilla joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Precilla has successfully repaid a previous loan of 14000 PHP from HSPFI. This previous loan was used to purchase raw ingredients needed to make products for sale. Precilla is requesting a new loan of 14000 PHP, which will be used to purchase new items to expand her product offering. This loan will be the fifth loan taken out by Precilla from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.
HSPFI is one of the 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.