A loan of $325 helped to purchase additional inventory and as working capital.

Violeta's story

Violeta A. is from the village of Lilingayon, Valencia City, Bukidnon. She is 40 years old, separated from her spouse, and has two adult-aged children. To make a living, Violeta owns and operates a specialized retail store selling dresses, t-shirts and ready-to-wear products in the local community. Violeta has been engaged in her business for over ten years and earns approximately 8,500 PHP per month from these activities.

In 2007, Violeta joined Kiva partner, HSPFI, to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 10,000 PHP from HSPFI. This loan was used to purchase additional products to sell. Violeta is requesting a new loan of 15,000 PHP, which will be used to purchase additional inventory and as working capital. This loan will be her sixth from HSPFI. She plans to use the additional revenue generated from the business to improve and expand her business.


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.

Loan details

Lenders and lending teams

Loan details