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Rosalinda C., 52 years old, a resident of Pagatpat, Cagayan de Oro City, started her sand and gravel business on a consignment arrangement which she got from her uncle. Rosalinda was grateful to HSPFI for the financial assistance that it extend to her which enabled her to grow her business. She is now on her fourth loan cycle and she is requesting for an additional loan of PHP14000 to further expand her business.

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
  • 419
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rosalinda to buy more sand and gravel for sale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 12, 2009
Feb 24, 2009
Currency Exchange Loss:
Dec 15, 2009