A loan of $200 helped to purchase raw ingredients needed to make food products for sale.

Janet's story

Janet B., from the village of Tumpagon, Cagayan de Oro City, is 28 years old, married, and has three school-aged children. To make a living, Janet owns and operates a business venture making and selling food such as snacks and other delicacies including mangoe shakes and steamed cakes in the local community. Engaged in her business for over three years, she earns approximately 4000 PHP a month.

In 2010, Janet joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid a previous loan of 5000 PHP from HSPFI that was used to invest in expanding the business, she is now requesting a second loan of 5000 PHP to purchase raw ingredients needed to make products for sale. Janet plans to use the additional revenue generated from the business to improve/expand her enterprise.

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

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Loan details