Total loan: $250
Camiguin, Northern Mindanao, Philippines / Food
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A loan helped to invest in expanding the business.
Rosalinda D. is from the village of Mambajao, Camiguin Province. She is 42 years old, married, and has three adult children. To make a living, Rosalinda owns and operates a business, buying and selling coconut in the local community. Rosalinda has been engaged in her business for over five years and earns approximately $115 a month from these activities. In 2009, Rosalinda joined the Kiva field partner, HSPFI, to gain access to financial services to help improve her living situation by engaging in business activities. Rosalinda has successfully repaid a previous loan of 8,000 PHP from HSPFI. This previous loan was used to purchase additional products to sell. She is requesting a new loan of 11,000 PHP which will be used to invest in expanding her business. This will be her 3rd loan from HSPFI. She plans to use the additional revenue that is generated to improve her business. About HSPFI: 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.