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Fermelita is 59 years old and lives in the Philippines. She is married and has two children. Fermelita has a sari-sari store that sells canned goods, snacks, personal care products, home use products, firewood & beverages. She has had this business for 8 years. She requested a loan of PHP 4,000 to buy stocks of canned goods, snacks, firewood & beverages. Fermelita has been a member of HSPFI since 2012. In the future, Fermelita hopes to improve her business for the education of her grandchildren.

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
  • 459
    View loans »
    Philippines Loans Fundraising
  • $69,767,475
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Fermelita to buy stocks of canned goods, snacks, firewood and beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 13, 2012
Oct 3, 2012
Currency Exchange Loss:
Mar 1, 2013