A loan of $200 helped to purchase livestock feed and other supplies.


Tomas's story

Tomas J. is from the village of New Compostela, Damulog, Bukidnon. He is 44 years old, married and has two school-aged children. To make a living, Tomas owns and operates a business venture in the agriculture sector raising pigs for sale. Tomas has been engaged in his business for over seven years and earns approximately 6,000 PHP per month from these activities.
In 2009, Tomas joined Kiva partner, HSPFI, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 5,000 PHP from HSPFI. This loan was used to purchase baby livestock to raise and sell in future. Tomas is requesting a new loan of 8,000 PHP, which will be used to purchase livestock feed and other supplies. This loan will be his second from HSPFI. He plans to use the additional revenue generated from the business to improve and expand his 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.



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