A loan of $325 helped to purchase additional materials to improve the business.


Lydia's story

Lydia R. is from the village of Malipayon, Pangantucan Bukidnon. Lydia is married. To make a living, Lydia owns & operates tailoring business. The main source of income for the business comes from providing general tailoring repairs in the local community. Lydia has been engaged in her business for over 9 years and earns approximately 5,000 PHP a month for these activities.



In 2008, Lydia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Lydia has successfully repaid a previous loan of 14,000 PHP from HSPFI. Lydia is requesting a new loan of 14,000 PHP which will be used to purchase additional materials to improve the business. She plans to use the additional revenue generated from the business to improve/expand her business.



About HSPFI:



HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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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