A loan of $125 helped to purchase raw ingredients for additional product offering.


Nancy's story

Nancy C. is from the village of Bangahan, Pangantucan, Bukidnon. She is 26 years old. Nancy is married and has 3 infant-aged children. To make a living, Nancy owns & operates a business venture in the food sector running a food stall. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of food products in the local community. Nancy has been engaged in her business for over 3 years and earns approximately 5000 PHP a month for these activities.

In 2010, Nancy joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Nancy is requesting a new loan of 5000 PHP which will be used to purchase raw ingredients for additional product offering. This loan will be the 1st loan taken out by Nancy from HSPFI. She plans to use the additional revenue generated from the business to improve/expand the 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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