A loan of $125 helped to invest in expanding her business.


Nenita's story

Nenita A. is from the village of Kiwalan, Iligan City. She is 53 years old, married, and has six school-aged children.

Nenita owns and operates a sari-sari (variety) retail shop, selling both food and daily-use products in the local community. She has been engaged in her business for over three years and earns approximately 3,000 PHP a month.

In 2009, Nenita joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used to invest in expanding her business. This loan will be her first from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family.

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, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



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