A loan of $475 helped buy beverages, canned goods and snack foods to resell.


Ferly's story

Ferly S. is from the village of Pinamulaan, Banisilan, Cotabato. She is 28 years old, married, and has 1 school-aged child. To make a living, Ferly owns & operates a sari-sari (variety) retail shop, selling beverages, snack foods, canned goods, shampoo, soap & biscuits in the local community. Ferly has been engaged in her business for over 5 years and earns approximately 10000 PHP a month from these activities.

In 2009, Ferly joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 15000 PHP from HSPFI. This previous loan was used to purchase additional inventory & fund working capital.

Ferly is requesting a new loan of 20000 PHP to purchase more beverages, canned goods & snack foods to sell. This loan will be her 6th loan from HSPFI. She plans to use the additional revenue generated to improve/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

Loan length:

11 months
Disbursed date: April 14, 2011
Facilitated by Field Partner: Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI)

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: April 14, 2011
Facilitated by Field Partner: Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI)