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Susan
Susan M. is a 46-year-old woman and is a single parent of four children. Susan remained strong and determined to raise her children and give them better life when her husband left her. She joined ASHI in 1999 and the loan she received from the institution was her capital to start up a business. She had been doing many different kinds of businesses until then just to have an income to sustain the needs of her children. Her eldest child is a college undergraduate and is presently unemployed. Her second child is a high school graduate and was not able to pursue his college degree. Instead he worked as a laborer and supports Susan financially now. Susan’s third child is in high school and her youngest is graduating in elementary this year.


Susan’s primary business now is buying and selling of herbal medicines and cosmetics. She sells them directly in different municipalities of the province. At times she also sells food in the neighborhood and even in offices within the municipality where she lives. To enhance further this business, Susan applied for a loan from ASHI. The amount she borrowed is the same as her previous loan, based on her capacity to pay and the needs of her business. Presently, Susan continues saving her profit for emergency needs of her business and children. She hopes that her children who are still in school will be able to graduate from college.


Susan has been a very good member of ASHI and a strong woman. She cares for her children and her group and center.

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
  • 1115
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Susan cosmetics, herbal medicines, and food for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2009
Listed
Jul 10, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010