A loan of $125 helped to purchase additional products to sell.


Marylovelyn's story

Marylovelyn P., 19-year-old single mother of two infant-aged children from the village of Cabaksahan, Iligan City, owns and operates a specialized retail store whose main source of income comes from selling bananas in the local community. Marylovelyn is just starting this business.



In 2009, Marylovelyn joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting her first loan of 5000 PHP which will be used to purchase additional products to sell, and she plans to use the additional revenue generated to improve/expand her business.



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.



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Loan details