A loan of $125 helped to purchase additional canned goods, snack foods, and beverages.


Margarita's story

Margarita is from the village of Aplaya, Jasaan, Misamis Oriental. She is 57 years old, married and has 10 adult children. To make a living, Margarita owns and operates a sari-sari (variety) retail shop. While not the only means for generating revenue, the main source of income for the business comes primarily from buying and selling canned goods, snack foods, biscuits, beverages, shampoo, and soap in the local community. Margarita has been engaged in her business for over five years and earns approximately 10,000 PHP a month.

In 2011, Margarita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Margarita is requesting a loan of 5,000 PHP, which will be used to purchase additional canned goods, snack foods, and beverages. This loan will be Margarita's first loan from HSPFI. She plans to use the additional revenue generated from the business to improve and 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


Lenders and lending teams



Loan details