Total loan: $125


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Tierra Villa Verde, Balulang, Cagayan de Oro, Misa, , Philippines / Retail

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A loan helped As additional working capital.

Rosemarie's story

Rosemarie A. is from the village of Tierra Villa Verde, Balulang, Cagayan de Oro. She is 45 years old. Rosemarie is married and has five adult children. To make a living, Rosemarie owns & operates a specialized retail store selling flowers in the local community. Rosemarie has been engaged in her business for over four years and earns approximately 10,000 PHP a month for these activities. In 2010, Rosemarie joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosemarie is requesting a loan of 5,000 PHP, which will be used as additional working capital. This loan will be the first loan taken out by Rosemarie from HSPFI. She plans to use the additional revenue generated from the business to supplement her family's income. 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.