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Mhark, age 30 and unmarried, owns and operates a shop that sells electronic loads for several networks like GLOBE and SMART. He has had this business for three years.

He has requested a loan in the amount of PHP 5,000, which he will use to buy additional electronic loads to sell.

Mhark has been a member of HSPFI since 2010. In the future, Mhark hopes to improve his business.

Additional Information

About Hagdan Sa Pag-uswag Foundation, Inc.

Hagdan Sa Pag-uswag Foundation, Inc. (HSPFI) is a non-governmental development organization founded in 1987 to promote Christian values through microfinance services in the Philippines. It partners with Opportunity International and the Mindanao Microfinance Council among others, and offers a range of business and community development services, including savings and insurance programs in addition to lending.

About Philippines

  • $7,000
    Average annual income
  • 438
    View loans »
    Philippines Loans Fundraising
  • $69,767,025
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Mhark to buy additional electronic loads to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 22, 2011
Aug 2, 2011
Currency Exchange Loss:
Jan 15, 2012