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Bella
Four years ago, Bella started having her own business. She joined ASHI then to be able to loan for a business capital which she used for starting up her hog fattening business and to be able to finance her manicure and pedicure business which she learned when she was six years old. Having her own business, her husband's sporadic income being a farm laborer will be augmented to be able to meet the daily needs of their three children who were in school. Sometimes Bella sells food in their neighborhood for n additional income because profit from her businesses alone can not supply the increasing demand of her family. Her eldest child, 21 years old hadn't even graduated from high school and her second child, 19 years had only graduated from elementary. It was a many years ago that Bella's two elder children stopped from going to school. During those years, Bella was not yet a member of ASHI and didn't have her own business. Now, through she requests from ASHI, she will be able to enhance her businesses to be able to finance the education of her nine year old youngest child until graduation in college.
Presently, Bella requests for a much larger loan to be used in growing her hog fattening business (pig raising) and to be able to purchase a manicuring set to be able to generate daily income. Hog fattening business grows fast given enough business capital since the profit from it is as much double the amount of it capital after four months of fattening the pigs. Selling hogs in larger volume would really generate bigger profit. This is what Bella looks for in every loan she requests.

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
  • 1298
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 48.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Bella will be used for financing a hog fattening (pig raising) and manicure/pedicure businesses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010