A loan of $125 helped to invest in expanding her business.

Annie's story

Annie Y. is from the village of Palao, Iligan City. She is 40 years old. Annie is married and has 4 school-aged children. Annie owns & operates a sari-sari (variety) shop where she sells food & daily-use products. Annie has been engaged in her business for over 2 years and earns approximately 4,000 PHP a month.

In 2010, Annie joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Annie is requesting a new loan of 5,000 PHP which will be used to invest in expanding the business. This loan will be the first loan taken out by Annie from HSPFI. She plans to use the additional revenue generated to improve and expand her business.

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, 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.

Loan details

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Loan details