A loan of $125 helped to purchase materials needed to provide service.


Celsa's story

Celsa L. is from the village of Balingsag, Misamis oriental. She is 53 years old. Celsa is married and has 8 adult-aged children. To make a living, Celsa owns & operates a business venture in the services sector operating a service-based business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing taxi services to local community members. Celsa has been engaged in her business for over 3 years and earns approximately 3000 PHP a month for these activities.

In 2009, Celsa joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Celsa is requesting a new loan of 5000 PHP which will be used to purchase materials needed to provide service. This loan will be the 1st loan taken out by Celsa from HSPFI. She plans to use the additional revenue generated from the business to improve/expand the borrower's business.

About HSPFI:

HSPFI is one of 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

Loan length:

7 months
Disbursed date: March 17, 2010
Facilitated by Field Partner: Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 17, 2010
Facilitated by Field Partner: Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI)