A loan of $250 helped to purchase additional products to sell.

Grace's story

Grace B. is from the village of Barandiaz, Pangantucan Bukidnon. She is 28 years old. Grace is married and has 4 young children. To make a living, Grace owns and 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 selling a variety of different products in the local community. Grace has been engaged in her business for over 4 years and earns approximately 3,000 PHP a month for these activities.

In 2008, Grace joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Grace has successfully repaid a previous loan of 8,000 PHP from HSPFI. Grace is requesting a new loan of 11,000 PHP which will be used to purchase additional products to sell. This will be the 3rd loan taken out by Grace from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of the family and cover the school expenses of the 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.

Loan details

Lenders and lending teams

Loan details