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Total loan: $350
Port Area, Iligan City, Lanao del Norte, , Philippines / Services
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A loan helped to purchase additional products to sell and tools for the maintenance of her computer service.
Liezel G. is from the village of Port Area, Iligan City. She is 26 years old. Liezel is married and has two infant children. To make a living, Liezel owns & operates a sari-sari (variety) retail shop. While not the only means for generating revenue, the main source of income for the business comes from buying and selling daily use products such as shampoo, soap, canned goods, snack foods & beverages in the local community. She is also providing computer services to the community members. Liezel has been engaged in her business for over two years and earns approximately 10,000 PHP a month for these activities. In 2008, Liezel joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Liezel has successfully repaid a previous loan of 13,000 PHP from HSPFI. This previous loan was used to to purchase additional inventory and as working capital. Liezel is requesting a new loan of 15,000 PHP which will be used to purchase additional products to sell and tools for the maintenance of the computer service. This will be the 5th loan taken out by Liezel from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business. About HSPFI: HSPFI is an accredited partner 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.