A loan of $175 helped to purchase additional products to sell.

Chanda's story

Chanda S. is from the city of Brgy. 25, Pandan, Gingoog City. She is 34 years old, married, and has three school-aged children.

Chanda owns and operates a sari-sari (variety) retail shop, selling a variety of different products in the local community. She is just starting this business.

In 2009, Chanda joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to invest in expanding her business.

Chanda is requesting a new loan of 8,000 PHP which will be used to purchase additional products to sell. This loan will be her 2nd from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.

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.

Loan details

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Loan details