A loan of $550 helped to purchase additional inventory and as working capital.


Martha's story

Martha C. is from the village of Angayoso, Manticao, Misamis Oriental. She is 43 years old, married, and has 3 school-aged children. To make a living, she owns and operates a sari-sari (variety) retail shop, selling both food and daily use products in the local community. She has been engaged in her business for over 16 years and earns approximately $206 a month for these activities. In 2005, Martha joined 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 21,000 PHP from HSPFI. This previous loan was used to purchase additional products to sell. Martha is requesting a new loan of 24,000 PHP which will be used to purchase additional inventory and as working capital. This will be her 11th loan from HSPFI. She plans to use the additional revenue generated to 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.



Loan details


Lenders and lending teams



Loan details