A loan of $475 helped to purchase raw ingredients needed, like flour, eggs & powdered rice.

Leilita's story

Leilita is from the village of Sinayawan, Valencia City, Bukidnon. She is 37 years old. Leilita is married and has 3 school-aged children. To make a living, Leilita owns & operates a business making and selling snacks & other delicacies, like rice & cheese cakes, in the local community. Leilita has been engaged in her business for over 3 years and earns approximately 10,000 PHP a month for these activities.

In 2009, Leilita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leilita has successfully repaid a previous loan of 15,000 PHP from HSPFI. This previous loan was used to purchase additional ingredients & working capital. Leilita is requesting a new loan of 20,000 PHP, which will be used to purchase raw ingredients needed, like flour, eggs & powdered rice. This loan will be the 6th loan taken out by Leilita from HSPFI. She plans to use the additional revenue generated from the business 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.

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Loan details