Check out some available loans that are similar to this one!
Fe
49-year-old Fe B. is one of the oldest members of the Bantayan center of ASHI. She aspires to bring her family out of the depths of poverty in her own way as a woman. She knew she had the potential to be productive and that push led her to join ASHI.

Fe did not just value the loan she received from ASHI by utilizing it into growing a fish selling business. Through the training she has undergone, Fe has kept in her heart and mind the significance of the moral values that a person should posses once she is trusted. Because of this, since the first loan she received from ASHI, she has made sure that everything will fall into place and fulfill what she and her husband, who is the business with her, have planned for.

Not all of Fe’s five children. whose ages range are from 20 to 25, have graduated from college. Despite that, she still feels happy that at least all of them have been to college and two have graduated thanks to her business proceeds. She is happy not only because of the achievements of her family but also because of her ability to help other small-business people in her community.

The nature of Fe’s business is buying and selling fish. She has a stall in the town’s public market and her whole family are participating in her business. When fish is in season and Fe has a large amount of capital to purchase a large volume of fish, she ventures to trade in other municipalities and even in the neighboring province.

Little by little Fe notices her life has changed as her business progresses. For its sustainability and growth, she wants to request another loan of Php 45,000. With the continued support of ASHI and its partners as well as the support of her family, she is well on her way to achieve her dreams in life.

Fe believes that one day, she will completely become an entrepreneur.

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
  • 270
    View loans »
    Philippines Loans Fundraising
  • $52,821,850
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Fe to purchase a large volume of fish to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2010
Listed
Jan 28, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011