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Alesandra
Since Alesandra got married to Reynaldo, she raised pigs in their backyard. Over those years, hog fattening wasn't really a business for her yet it is just a sporadic livelihood activity. She had no source of capital then to sustain her grow the activity to become a business since she had no access to credit. Her husband's irregular income being a laborer is yet insufficient for the family daily exnpenses especially of her five children who range in age from one to 13 years now.

Alesandra wanted ever since her livelihood to become a stable source of income or to say a business that is why, In 2004, she joined ASHI to be able to get a loan for a business capital. After loaning several times in ASHI, she had proven her pledge that as a member, she will try her best to use her loan in her business and that she will be able to repay on time. Now, Alesandra requests for a much bigger amount of loan for financing her livelihood activity that turned into a business for the past years. After four months of raising her pigs, she sells them in the market and she profits as much double of the amount of her capital. With large amount of capital, she can purchase more pigs to raise and sell thus making her profit more every four months.

With the profits she will be having in her business, Alesandra wanted to send all of her children to school until they graduate from college to be able to bring themselves out of poverty 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

  • $7,000
    Average annual income
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $59,196,250
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alesandra will be use for financing a hog fattening (pig raising) business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Sep 8, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010