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Rostico is 60 years old, single and lives in the Philippines.

Rostico has a beauty salon that provides manicures, pedicures, haircuts, hair rebonding, hair relaxing, hair coloring and hair cellophane. He has had this business for 37 years. He requested a loan of 20,000 PHP to buy items to use in his salon like nail polish, scissors, hair dryers, hair blowers and hair irons and also pay for the electricity for the services.

Rostico has been a member of HSPFI since 2008. In the future, Rostico hopes to improve his business to provide for the education of his nephew and niece.

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
  • 548
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Rostico to purchase additional nail polish , hair colors, hair dryer/blower and hair irons.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Apr 4, 2012
Apr 30, 2012
Currency Exchange Loss:
Feb 15, 2013