A loan helped to expand the business.


Evelyn's story

Evelyn P. is from the village of Manticao, Misamis Oriental. She is 33 years old. Evelyn is married. Evelyn owns and operates a business selling gasoline in the local community. Evelyn has been engaged in her business for over three years and earns approximately 7000 PHP a month for these activities.

In 2008, Evelyn joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business. She has successfully repaid her last loan from HSPFI, which was for 7000 PHP and was used to expand the business.

Evelyn is requesting a new loan of 10,000 PHP which will be used to to expand the business. This loan will be her third from HSPFI. She plans to use the additional revenue generated from the business to further expand it.

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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