Marites Saganay

Sector : Food
Country : Philippines
Town : Gingoog , Misamis Oriental
Loan Amount : $125
Marites Saganay is from the village of Magsaysay, Gingoog City. She is 30 years old. Marites is married and has four adult children. To make a living, Marites owns & operates a business making & selling specialty food products like tocino, longganiza and more in the local community. Marites has been engaged in her business for over two years and earns approximately 4,000 PHP a month for these activities. In 2010, Marites joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Marites is requesting a new loan of 5,000 PHP, which will be used to invest in expanding the business. This loan will be the first loan taken out by Marites from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business. About HSPFI: HSPFI is one of the accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao. *Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.