A loan of $125 helped to purchase additional products to sell.


Juliet's story

Juliet P. is from the village of Matab-ang, Dalipuga, Iligan City. She is 47 years old. Juliet is married and has 5 adult-aged children. To make a living, Juliet owns and operates a business venture in the retail sector, running a sari-sari (variety) retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community. Juliet has been engaged in her business for over 15 years and earns approximately 5,000 PHP a month for these activities.

In 2010, Juliet joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Juliet is requesting a loan of 5,000 PHP which will be used to purchase additional products to sell. This loan will be the 1st loan taken out by Juliet from HSPFI. She plans to use the additional revenue generated from the business 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.



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