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

Anastacia's story

Anastacia C. is from the village of Cabanglasan, Bukidnon. She is 58 years old. Anastacia is married and has three adult children. To make a living, Anastacia owns and operates a sari-sari (variety) retail shop. While not the only means for generating revenue, the main source of income for the business comes primarily from selling both food and daily-use products in the local community. Anastacia has been engaged in her business for more than 30 years and earns approximately 5000 PHP a month for these activities.

In 2009, Anastacia joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Anastacia has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to purchase additional products to sell. Anastacia is requesting a new loan of 8000 PHP, which will be used to purchase additional products to sell. This loan will be the third loan taken out by Anastacia from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

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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