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Ma. Salvacion
Ma. Salvacion A. is 32 and is married to Eduardo A., who is 36. They have 2 children. Ma. Salvacion sells food while her husband worked as an electrician in a privately-owned electronic shop, which repairs televisions and other electronic devices. Television repair was his major task. Though both Ma. Salvacion and her husband were earning, their income could not meet the increasing financial needs of their family. Therefore, Ma. Salvacion and her husband decided to request a loan from ASHI in order to start up their own business.

In Ma. Salvacion's house, a mini-electronic repair shop was set up and is managed by her husband, while she sells barbeque and entertains customers that come in. Eventually, her business grew and they were able to acquire many customers from all over the municipality. Ma. Salvacion requests a larger loan to sustain the increasing and growing demand of their business. Someday she hopes to have her own shop that can employ other people to work with her husband. She also dreams of sending her two children to college and that they have their own careers in the future.

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
  • 1347
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Ma. Salvacion materials needed for television repair.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2009
Listed
Jul 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010