A loan of $425 helped to finance their fishing business.

Meriam's story

Meriam M. is 31 years old; she is 3 years older than her husband Joaquin M., who is now working as a welder. They have one daughter, Janna Marie, 5 years old. Aside from the revenue of her husband from being a welder, they also run a fishing business. They decided to start this kind of business because their house is near the sea, so it is very accessible for them. The business has been running for one year and a half and they work hard to make it so that it will run for long years ahead. Also Meriam manages a sewing business that contributes to their income.

When she joined Kiva field partner Ahon sa Hirap Inc. (ASHI), Meriam used her loan as capital to start the fishing business, but during typhoon Ondoy it was slightly damaged. So her 4th loan will be used again for this business, for its improvement. She will buy the things needed by her business such as various fishnets, accessories for the fishnets, fingerlings (small fish), and it will also be used for payment for a laborer. She is hoping that it will become more productive this time, and later on they can save so that she can buy her own sewing machine.

Meriam wants her child to finish her studies until college; that’s another reason why they want to save. And also she wants to build a new house because like their fishing business, their house was also destroyed by the typhoon.

Loan details

Lenders and lending teams

Loan details