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Angelita
Angelita A. is a 47-year-old woman married to Ricardo, who is a 47-year-old farmer. She lives in the peaceful town of Jala-jala, in the province of Rizal, Philippines. She has no children, but she really longs for them.


Even though she has no children, she is still determined to have a source of income, aside from her husband's farming income. In 2001, she happily joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines. When she received her first loan, she invested it in the resale of charcoal as her primary business. She is also involved in fishing and farming, both as secondary businesses.


As the years pass, she has noticed that her investment in the resale of charcoal is getting better, and it is providing her with good income. She buys the charcoal from the charcoal maker and resells it in their village. Now on her tenth loan, she proposes a loan of 20,000 Philippine Pesos as additional capital for her business. Specifically, the loan will be used to pay for two hundred sacks of charcoal for resale, and also its transportation expenses.


She dreams of expanding her business so that she can save for their future, and be able to build a more spacious and durable house.

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
  • 318
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 48.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Angelita purchase and transportation of bulk charcoal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010