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

Luzminda's story

Luzminda G. is from the village of Country Hill, Iligan City. She is 54 years old, married and has three adult-aged children. To make a living, Luzminda owns and operates a business venture in the retail sector running a sari-sari (variety) retail shop. The main source of income for the business comes from selling both food and daily use products in the local community. Luzminda has been engaged in her business for over three years and earns approximately 5,000 PHP a month from these activities.

In 2009, Luzminda joined Kiva partner HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be her first from HSPFI. Luzminda plans to use the additional revenue generated to improve and expand her business.


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.

Loan details

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Loan details