A loan of $225 helped to invest in expanding the business.

Flordeliz's story

Flordeliz D. is from the village of Kinoguitan, Misamis Oriental. She is 51 years old. Flordeliz is married and has 2 adult children. To make a living, Flordeliz owns & operates a business selling specialty food products in the local community. Flordeliz has been engaged in her business for over 3 years and earns approximately 5000 PHP a month for these activities.

In 2009, Flordeliz joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Flordeliz has successfully repaid a previous loan of 8000 PHP from HSPFI. This previous loan was used to purchase raw ingredients needed to make products for sale. Flordeliz is requesting a new loan of 10000 PHP, which will be used to invest in expanding the business. This will be the 3rd loan taken out by Flordeliz 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 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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