A loan of $125 helped to purchase additional products like instant noodles and snack foods.


Rebecca's story

Rebecca O., from the village of Santa Cruz, Magsaysay, Misamis Oriental, is 50 years old and married. To make a living, Rebecca owns and operates a sari-sari (variety) retail shop that sells canned goods, snack foods, shampoo, soap and biscuits to the local community. In business for over three years, she earns approximately 10000 PHP a month.



In 2011, Rebecca joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting her first loan of 5000 PHP to purchase more products such as instant noodles and snack foods, she plans to use the additional revenue generated from the business to improve/expand her store.



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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Loan details