A loan of $75 helped to invest in expanding the business.


Dervina's story

Dervina P. is from the village of Tablon, Digkilaan Iligan City. She is 36 years old. Dervina is married and has 3 school-aged children. To make a living, Dervina owns & operates a sari-sari (variety) retail store. The main source of income for the business comes from selling both food & daily use products in the local community. Dervina has been engaged in her business for over 6 years and earns approximately 3,500 PHP a month for these activities.



In 2010, Dervina joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Dervina is requesting a loan of 3,000 PHP which will be used to invest in expanding the business. This will be the 1st loan taken out by Dervina from HSPFI. 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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Loan details