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Evelyn
Evelyn G. has a business of her own. She is 37 years old and married to Jonjie, who is 34 years old and a fisherman. She is a mother to five: two sons and three daughters. She lives in the island village in the town of Binangonan, in Rizal province in the Philippines. She believes that to get out of the cycle of poverty, people should exert effort in looking for sustainable ways of living.

With her desire to overcome poverty, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2009, with a bagful of hope of gaining access to capital for her dying business. When she received her first loan, she carefully invested it as additional capital in her fishing business. She has fish cages where small fish are cultured until they are ready to harvest.

Now on her 2nd loan, she wants to invest more in the fishing business. She is requesting a loan of 10,000 PHP to pay for fish nets, ropes, bamboo, and labor in making fish cages. She is positive that her business will grow and could bring her enough income to save for her children's future. She dreams of having a more spacious and more durable house to live in, and also to send 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

  • $7,000
    Average annual income
  • 1498
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Evelyn to pay for fish nets, ropes, bamboo, and labor in making fish cages.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2009
Listed
Sep 28, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010