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Ricardo
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.

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
  • 464
    View loans »
    Philippines Loans Fundraising
  • $69,680,050
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ricardo to buy tools and to pay for the gasoline needed to offer his services.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012