100%

funded

Total loan: $200

Elsie Jean

Flag of Philippines
Barangay 19, Gingoog City, Misamis Oriental, , Philippines / Services

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A loan helped To purchase hair solutions and other products needed for her business.


Elsie Jean's story

Elsie Jean B., age 48, offers hairdressing and beauty services to local community members. Elsie Jean has been engaged in her business for over seven years and it brings her approximately 5,000 PHP a month. She and her husband live in the village of Barangay 19, Gingoog City. They have five grown children. Earlier this year, Elsie Jean joined HSPFI to gain access to financial services. Her goal was to help improve her living situation and increase her ability to engage in business activities. Elsie Jean has successfully repaid a previous loan of 6,000 PHP from HSPFI. This previous loan was used to purchase materials needed to expand services provided. Elsie Jean is requesting a new loan of 8,000 PHP, which will be used to purchase hair solutions and other products needed. This loan will be the third loan taken out by Elsie Jean 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 reaches 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.