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Myrna
Mrs. Myrna B., age 47, is the wife of Recolito and the mother of four children, ages 13 -22 years old. Her eldest child is a college graduate, her second child is still studying in college, and the last two are in high school. Both Myrna and her husband lack education, so they have not been employed by any offices. However, Myrna did not accept that as a reason not to earn money and to have a better life. Instead, she and her husband helped one another.

In 1996, Myrna found an opportunity to acquire business capital. She joined ASHI and she was inspired by the stories of poor women of ASHI. She wanted to become successful like them. Therefore, the loans that she has taken since then are used for her business. Because of the opportunity to borrow, Myrna was able to open variety store and sell vegetables and, recently, she started selling fish. She is courageous enough to take all the risks of running a business. She thought she could be successful because her husband is there to support her and because of a dream she kept in her mind -- having all of her remaining children graduate from college.

Myrna had never hoped anything but to prevent her children from experiencing the hard life that she and her husband had experienced.

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

  • $7,000
    Average annual income
  • 1500
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Myrna vegetables, fish, and to finance her variety store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010