A loan of $250 helped to purchase additional inventory and increase working capital.


Aliyyah's story

Aliyyah S. is from the village of Barangay 4, Talakag, Bukidnon. She is 21 years old, married and has 1 infant. Aliyyah owns and operates a specialized retail store, selling video compact discs in the local community. Aliyyah has been engaged in her business for over 3 years and earns approximately 5,000 PHP a month from it.

In 2009, Aliyyah joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Aliyyah has successfully repaid a previous loan of 8,000 PHP from HSPFI, which was used to to invest in expanding the business. Aliyyah is requesting a new loan of 11,000 PHP which will be used to purchase additional inventory and increase working capital. This will be the 3rd loan taken out by Aliyyah 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.



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