A loan of $200 helped to purchase additional products to sell.


Paz's story

Paz A., from the village of Upper Luinab, Iligan City, is a 48-year-old widowed mother of eight adult-aged children. To make a living, Paz owns and operates a business selling firewood in the local community. Engaged in her business for over a year, she earns approximately 3,000 PHP a month.



In 2009, Paz joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Having fully repaid a previous loan of 5,000 PHP from HSPFI, she is now requesting a new loan of 8000 PHP to purchase additional products to sell. Paz plans to use the additional revenue generated from the business to supplement the 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, 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