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Maria
Maria C. is a 49 year old mother of six. Her husband, Eliobe, is a carpenter. This couple were previously employed in a shop where they made native plates and baskets. The baskets are made from “ipgid”, a wild vine that grows in the virgin forest of Libertad, Antique. Upon learning about ASHI (Ahon Sa Hirap, Inc.), the couple has decided to apply for a loan to start their own business. Maria has applied for this loan to buy raw materials in bulk to continue making the plates and baskets. She wants to maintain her very good performance in the organization so that she can apply for a larger capital loan in the future. She plans to expand her business by establishing a shop and employing some of her neighbors in order to keep up with her orders. She plans to seek customers not only locally, but also abroad.

Additional Information

About ASHI

Ahon Sa Hirap, Inc. has the distinction of being the oldest existing replication of Grameen methodology for delivering credit to the poor in the Philippines. With more than a third of the nation’s 90 million Filipinos living below the poverty line, ASHI was established with the vision of helping to alleviate poverty in the Philippines. Translated from Tagalog, Ahon Sa Hirap means “to rise above poverty.”

Empowering women dedicated to supporting their families through hard work and dedication, ASHI lends 100% to women and specifically the bottom 50%, so the “poorest of the poor.” In addition to general business loans, ASHI also offers educational loans, house repair loans, savings funds, and social development programs for its members. ASHI is committed to translating its social mission into practice.

About Philippines

  • $1175
    Average annual income
  • 501
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 47.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Maria to buy assorted raw materials in bulk for making native plates and baskets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010