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For the past 10 years Benedicto, a 50-year married father of three who lives in the Philippines, has operated a shop that sells canned goods, snacks and beverages. A member of HSPFI since 2011, he is requesting a loan for PHP 10,000 to buy more canned goods, snacks and beverages. In the future, Benedicto 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
  • 356
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Benedicto to buy canned goods, snacks & beverages.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Dec 6, 2011
Dec 10, 2011
Currency Exchange Loss:
Oct 15, 2012