100%

funded

Total loan: $125

Erlinda

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Lunao, Gingoog City, Misamis Oriental, Northern Mindanao, Philippines / Clothing

Erlinda's loan finished fundraising,
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A loan helped to purchase additional products like blouses & t-shirts.


Erlinda's story

Erlinda is from the village of Lunao, Gingoog City. She is 65 years old. Erlinda is widowed and has six adult children. Erlinda sells clothing & shoe products from Natasha & Avon in her community. Erlinda has been engaged in her business for over 15 years and earns approximately 5000 Philippine pesos (PHP) a month from it. In 2006, Erlinda joined HSPFI to gain access to financial services to help improve her living situation and ability to do business. She has successfully repaid her last loan from HSPFI, which was for 5000 PHP and was used to purchase additional inventory & working capital. This loan will be her fifth from HSPFI. Erlinda is requesting 5000 PHP which will be used to purchase additional products like blouses & t-shirts. She plans to use the additional revenue generated from the business to improve and expand it. 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.