Total loan: $175
Baungon, Bukidnon, Northern Mindanao, Philippines / Food
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A loan helped To purchase additional products to sell.
Susana A. is from the village of Lingating, Baungon, Bukidnon. She is 74 years old. Susana is widowed and has eight adult children. To make a living, Susana operates a specialized retail store. The main source of income for her business comes from buying and selling cashew nuts in the local community. Susana has been engaged in her business for more than four years and earns approximately 5,000 Philippine pesos (PHP) a month for these activities. In 2007, Susana joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Susana has successfully repaid a previous loan of 5,000 PHP from HSPFI, a Kiva partner. This previous loan was used to purchase additional products to sell. Susana is requesting a new loan of 8,000 PHP, which will also be used to purchase additional products to sell. This will be the fourth loan taken out by Susana from HSPFI. She plans to use the additional revenue generated from the business to improve/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, 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.