Total loan: $325
Catarman, Camiguin, Northern Mindanao, Philippines / Food
Ariston's loan finished fundraising,
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A loan helped To purchase more fish to sell.
Ariston L. is from the village of Poblacion, Catarman, Camiguin Province. He is 51 years old. Ariston is married and has one adult-aged child. To make a living, Ariston owns and operates a business venture in the food sector: operating a fishing business. While not the only means of generating revenue, the main source of income for the business comes primarily from harvesting and selling ocean-caught fish in the local community. Ariston has been engaged in his business for over 12 years and earns approximately 5,000 PHP a month from these activities. In 2008, Ariston joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Ariston has successfully repaid a previous loan of 11,000 PHP from HSPFI. Ariston is requesting a new loan of 14,000 PHP which will be used to purchase additional fish to sell. This loan will be the fourth loan taken out by Ariston from HSPFI. He plans to use the additional revenue generated from his business to supplement the income of his family. About HSPFI: HSPFI is one of 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.