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

Felisa's story

Felisa D. is from the village of Purok 2A, Kasinglot Tagoloan, Misamis Oriental. She is 53 years old. Felisa is married and has 4 children. To make a living, Felisa owns and operates a business venture in the agriculture sector, raising flowers in her flower farm. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting flowers for sale. Felisa has been engaged in her business for over 2 years and earns approximately 3,000 PHP a month for these activities.She also just started her variety store as a sideline.

In 2009, Felisa joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Felisa is requesting a new loan of 5,000 PHP which will be used to invest in expanding the business. This will be the 1st loan taken out by Felisa 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 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.

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Loan details