A loan of $200 helped to purchase fertilizers for newly planted crops.

Leonora's story

Leonora R. is from the village of Minlagas, San Luis, Gingoog City. She is 34 years old. Leonora is married and has three school-age children. Leonora owns and operates an agricultural business, planting and harvesting a variety of vegetables, like eggplants and string beans. Leonora has been engaged in her business for over 10 years and earns approximately 8,500 PHP a month.

In 2010, Leonora joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonora has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to purchase additional seeds, seedlings, and young crops to raise. Leonora is requesting a new loan of 8,000 PHP, which will be used to purchase fertilizers for newly planted crops. This loan will be the second loan taken out by Leonora from HSPFI. She plans to use the additional revenue generated from the business to improve and expand it.

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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