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Melina
Melina B. is a woman of faith, determined to rise above poverty. She is 45 years old and married to Romeo, a fisherman. They have three children, two sons and a daughter. The eldest son is fifteen years old and a high school student while the youngest is eleven and an elementary pupil. For almost twelve years Melina has been fishing using a fish cage. But there are times when she falls short of capital, which negatively affects her business.


In 2008 she decided to join ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in the hope that she could access capital through its loan program. Her previous two loans were carefully utilized on her fish cage business. With the support of her husband, Melina’s business brings in enough income to sustain the needs of her family.


Melina is now requesting a loan of 15,000 PHP to support and improve her business. The loan will be used to pay for two rolls of fish nets, 30 pieces of bamboo, fingerlings and labor expenses. She will also make needed repairs to her fishing boat. She really dreams of improving her business through owning more fish cages so she can make greater profits. With these, she aspires to send her children through college and see them find good 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
  • 1177
    View loans »
    Philippines Loans Fundraising
  • $54,849,700
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Melina to pay for 2 rolls of fish net, 30 pieces of bamboo, fingerlings, labor expenses and boat repairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Sep 14, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010