Berlina O. is from the village of Sumalag, Kinoguitan, Misamis Oriental. She is 57 years old and married with eight adult children. To make a living, Berlina owns and operates a specialized retail store. Her husband is a fisherman, and Berlina sells the caught seafood products, including fish and shrimp, in the local community. Berlina has been engaged in her business for over six years and earns approximately $112 a month from these activities.
In 2009, Berlina joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Berlina is requesting a loan of 3000 PHP which will be used to purchase additional products to sell. This will be her first loan from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of the family.
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.
About Hagdan Sa Pag-uswag Foundation, Inc.
Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI) is a non-governmental development organization founded in 1987 to promote Christian values through microfinance services in the Philippines. It partners with Opportunity International and the Mindanao Microfinance Council among others, and offers a range of business and community development services, including savings and insurance programs in addition to lending.