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Total loan: $175
Iponan, Cagayan de Oro, Misamis Oriental, Northern Mindanao, Philippines / Retail
Flag of Philippines
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A loan helped To invest in expanding her business.
Lisalie C. is from the village of Westfield, Iponan, Cagayan de Oro City. She is 33 years old, is married, and has two school-aged children. Lisalie owns and operates a sari-sari (variety) retail shop, selling both food and daily-use products in the local community. She has been engaged in her business for over four years and earns approximately 5,000 PHP a month. In 2009, Lisalie joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Lisalie is requesting a new loan of 8,000 PHP which will be used to invest in expanding her business. This loan will be her 2nd from HSPFI. She plans to use the additional revenue generated from the business to improve and expand 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, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.