A loan of $125 helped to purchase additional supplies of cosmetics and ladies wear to sell.


Nedee's story

Nedee T. is from the village of Batangan, Valencia Bukidnon. She is 26 years old and married. To make a living, Nedee owns & operates a business in the retail sector operating a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling personal products like cosmetics, ladies wear and other items in the local community. Nedee has been engaged in her business for over 3 years and earns approximately 4000 PHP a month for these activities.

In 2009, Nedee joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Nedee is requesting a new loan of 5000 PHP which will be used to purchase additional products to sell. This loan will be the 1st loan taken out by Nedee from HSPFI. She plans to use the additional revenue generated from the business to improve and expand her business.

About HSPFI:

HSPFI is one of 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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