Loreto is 45 years old and lives in the Philippines. He is widowed with six children.
Loreto has a souvenir shop that sells souvenirs made from sea shells. He has had this business for five years. He requested a loan of PHP 5,000 to buy the materials he needs to make souvenirs.
Loreto is a new member of HSPFI. In the future, Loreto hopes to improve his business.
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.