A loan of $200 helped to purchase additional inventory & working capital.


Emma's story

Emma O. is from the village of Digkilaan, Iligan City. She is 39 years old. Emma is married and has five school-aged children. To make a living, Emma owns & operates a sari-sari (variety) retail shop selling both food & daily use products in the local community. Emma has been engaged in her business for over three years and earns approximately 5,000 PHP a month for these activities. In 2007, Emma joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emma has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to purchase additional products to sell. Emma is requesting a new loan of 8,000 PHP, which will be used to purchase additional inventory & working capital. This loan will be the second loan taken out by Emma 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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Loan details