A loan of $225 helped to purchase additional fish to sell.

Victoria's story

Victoria S. is from the village of Villa Felipa, Magsaysay, Misamis Oriental. She is 45 years old, is married, and has four school-aged children.

Victoria owns and operates a fishing business, harvesting and selling ocean-caught fish in the local community. She has been engaged in her business for over fifteen years and earns approximately 5,000 PHP a month.

In 2009, Victoria joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 12,000 PHP from HSPFI.

Victoria is requesting a new loan of 10,000 PHP which will be used to purchase additional fish to sell. This loan will be her 6th from HSPFI. Victoria chooses a lower loan amount due to the change in climate in their place. She plans to use the additional revenue generated from the business to supplement her family’s income.

About HSPFI:
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, Kiva created this template for our Field Partner 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