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Gloria
Gloria C. is now 63 years old, still contented and happily living with her husband Aurelio C., 64 years old. In the long years of their marriage they were given three children: Fernando, 39 years old; Zenaida, 36 years old and Rowelio, 33 years old. One frustration for Gloria and her husband is that their children only attained a low level of education.


A good thing is that their two sons are now working abroad, so they will be able to send their children to school until college. Naturally, Gloria and Aurelio don’t want their children to experience what they experienced in the past. Gloria, in her own little way, helps their children to make their dream possible for her grandchildren. She has run a variety store business for seven years, and she really wants this to continue and to grow more.

In 2002 she joined the Kiva field partner, Ahon sa Hirap Inc. (ASHI), and as a member she is entitled to loans. Every loan that she received in the past years of being a member was always used in improving her variety store business. Now her loan will be used to expand her business, because she will buy all the necessary things needed by her business like sacks of rice, different groceries and many more.

She is hoping that her business will grow so that they can turn it into a grocery store that can sell more things than a variety store. In that way, she could help her children in sending their children to school, and also help themselves improve their life.

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
  • 397
    View loans »
    Philippines Loans Fundraising
  • $52,107,225
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Gloria to finance her variety store business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2009
Listed
Nov 16, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 5, 2012