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Rose Eden
Rose Eden D. is a 44 year-old vegetable vendor. Her excellent performance in ASHI in terms of repayment and business all throughout her membership made her one of the most outstanding member. Despite the financial struggle she had in all of her life since birth and during marriage especially on raising her 11 children whose age range is from six to 25 years old, she had manage to remain strong and happy. Her loving husband who is a driver has been so supportive to her especially on her desire for requesting bigger amount of loan. As agreed by both of them, Rose Eden is now requesting for a much bigger amount of loan which will be used for buying a new motorcycle intended for a tricycle (motorcycle with sidecar) for hire business to be managed by her husband. This is to replace their old second hand motorcycle which was bought more than five years ago.

Tricycle is one of the most common means of transportation people in the municipality take in going to different villages and neighboring municipalities.

Though at some point of her life, Rose Eden is so disappointed because three of her elder children had decided to stop schooling yet she never loses hope that the rest of them aside from her disabled child will be pursuing their education. She hoped that through her continues loaning, she will be able to grow her business to be able to sustain the education of their children and improve their standard of living.

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
  • 1310
    View loans »
    Philippines Loans Fundraising
  • $57,949,200
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rose Eden will be used to pay for purcahsing a motorcycle needed for her tricycle (motocycle wit hsidecar) for hire business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2009
Listed
Oct 6, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011