Ricardo, age 38, provides motorela (motorcycle) transportation services. He has had this business for 10 years. He has requested a loan in the amount of PhP 5,000 to buy tools and to pay for the gasoline needed to offer his services. He and his wife have three children.
Ricardo is a new member of HSPFI. In the future, Ricardo hopes to improve his services.
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.