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Loreta
Loreta G. is an ASHI (Ahon Sa Hirap, Inc.) member in the City of Hamtic, Province of Antique, Philippines. She is married and the 52-year-old mother to three sons. Her husband is Rodrigo G. a jeepney (small bus) driver and also a hired laborer. Two of her sons already graduated from high school and the youngest is in elementary school.


Loreta was given the opportunity to buy a pedicab when she received her first loan from ASHI. She was privileged enough since, as a means of transportation for people in the city, the use of a pedicab is in demand. As her business is growing fast, her next loan will be used to purchase a second pedicab, and some of the loan will be used as capital in buying 50 chicks and the vitamins and feed for them.


Loreta dreams that someday she and her family will get out of poverty. She hopes to send her children to school so that they are able to find stable jobs and will not suffer the same life that she has had.

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
  • 475
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Loreta to purchase a pedicab and 50 chicks plus feed and vitamins for them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010