A loan of $375 helped to purchase additional products to sell such as t-shirts and blouses.

Luzviminda's story

Luzviminda S., 37, is from the village of Laligan, Valencia City, Bukidnon. She is married and has four school-aged children. To make a living, Luzviminda owns and operates a specialized retail store. The main source of income for the business comes from buying and selling used clothing, shoes, blankets and sandals in the local community. Luzviminda has been engaged in her business for over six years and earns approximately 10,000 PHP a month from these activities.

In 2008, Luzviminda joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Luzviminda has successfully repaid a previous loan of 14,000 PHP from HSPFI which she used to purchase additional inventory and as working capital. Luzviminda is requesting a new loan of 16,000 PHP to purchase additional products to sell such as t-shirts and blouses. This will be her fifth loan from HSPFI. She plans to use the additional revenue generated to improve and 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.

Loan details

Lenders and lending teams

Loan details