A loan of $175 helped to buy new varieties of food for her food stall.

Marina's story

Marina M. is from the village of Mambajao, a part of Camiguin Province on the island of Mindanao. She is 35 years old, single and has school-aged children. Marina operates her own stall from which she sells a variety of foods to the local community. She has been in business for over ten years and earns approximately 10,000 PHP a month.

In 2009, Marina joined HSPFI to gain access to its financial services. She is requesting a new loan of 7000 PHP which will be used to stock new varieties of food so as to expand her offerings. Marina successfully repaid a previous loan of 4,000 PHP, her second from HSPFI. She plans to use all additional revenue generated to grow her business.

About HSPFI:

HSPFI is an accredited partner 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 one-on-one translations of entrepreneur profiles are costly, Kiva created this template for our Field Partner to allow it to continue to post loans in English while providing quality and accurate information to Kiva lenders.

Loan details

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Loan details