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Fanny
Fanny H. is a woman of faith and courage to overcome poverty that impedes the way of her family to success. She is 31 years old and married to Oliver, who is 34 years old and a vendor. She is a mother to three; a girl and two boys. All of her kids are still young and in elementary grades. She lives in the island village in the town of Binangonan, Rizal province in the Philippines.

In 2006, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and Kiva partner in the Philippines, with hopes of having access to capital for her business of raising hogs. Her previous loans were her capital in starting the business of hog raising and she manages it well and it brings in good income. She wants to continue the business and will make more investments in it.

Now she is requesting a loan of 25,000 pesos as her fifth loan in ASHI to pay for five piglets, 14 sacks of assorted feeds, vitamins and transportation expenses. She believes that her hog raising business will grow and she dreams of expanding it and making it a pig farm. She also dreams of sending her children to school until they finish 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
  • 269
    View loans »
    Philippines Loans Fundraising
  • $53,160,575
    Funds lent in using Kiva
  • 48.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Fanny to invest in her hog raising business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2011