A loan of $175 helped to purchase additional products to sell.

Erian's story

Erian Y. is from the village of Malibud, Gingoog City. She is 27 years old and single. To make a living, Erian owns and oeprates a sari-sari (variety) retail shop, selling both food and daily use products in the local community. Erian has been in business for more than one year and earns approximately 2,500 PHP a month.

In 2009, Erian joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Erian has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Erian is requesting a new loan of 8,000 PHP, which also will be used to purchase additional products to sell. This loan will be the second loan taken out by Erian from HSPFI. She plans to use the additional revenue generated from the business to improve/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.

Loan details

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Loan details