Check out other loans that are currently fundraising!
Lorina
Lorina G. is a mother to three children and a 32-year-old wife to Forunato G.. She is a local of Culasi, Antique, Philippines, where the city is known as a center of commerce in the Northern part of the province. Her three children are all in elementary grades.


She started her business through loans from ASHI (Ahon Sa Hirap, Inc.). She started selling fried chicken with a rolling cart around the City Plaza. It caught the taste of the public and she was able to buy additional push carts.


Now her dream is to buy a motorcycle for easy and fast transportation of her goods. In addition, she plans to use this loan to buy more ingredients to make fried chicken. She is optimistic that the business she has started will grow. The proceeds from her business will be used to send her children to school until they reach college and find jobs.

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
  • 275
    View loans »
    Philippines Loans Fundraising
  • $50,697,350
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lorina to purchase a motorcycle, and to buy ingredients to make fried chicken.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010