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Lalyn A. lives in the village of Eastern Wao, Lanao del Sur. She is 21 years old, single and makes a living by running a shop that sells ready-to-wear and ukay-ukay (or used) clothing. She has been in this business for more than three years and earns about 10,000 PHP a month from her work.

Last year, Lalyn joined HSPFI to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid a previous loan of 5,000 PHP from HSPFI and is applying for a new one, for 8,000 PHP, to buy more used clothing to sell. She plans to use the additional revenue generated by her business to continue expanding it.

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.

Additional Information

About Hagdan Sa Pag-uswag Foundation, Inc.

Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI) is a non-governmental development organization founded in 1987 to promote Christian values through microfinance services in the Philippines. It partners with Opportunity International and the Mindanao Microfinance Council among others, and offers a range of business and community development services, including savings and insurance programs in addition to lending.

About Philippines

  • $7,000
    Average annual income
  • 324
    View loans »
    Philippines Loans Fundraising
  • $70,640,175
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lalyn to buy additional used (ukay-ukay) clothing to sell to her customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 12, 2011
Jan 18, 2011
Currency Exchange Loss:
Nov 15, 2011