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Consolacion
Consolacion A. is a typical wife who wants to help her husband earn money to improve the lives of their six children, whose ages range from one to 16 years. Her husband is a small-time laborer who earns just a small about of income.

With her husband’s income alone, Consolacion’s dream of giving their children a better life is impossible. Therefore, together with her supportive family, she joined ASHI just recently so that she can request a loan which she will use to start up a small business raising pigs.

The nature of this business is that either you will slaughter the hog or you will sell it live after four months fattening. The larger the volume of hogs sold, the greater the profit. However, starting up with a small amount of capital, Consolacion would still be happy to see her small profit responding to her family’s basic needs.

With ASHI and its partner Kiva, Consolacion believes that someday her small business will grow and its profit will sustain the education of her children until they graduate from college.

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
  • 248
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 46.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Consolacion to purchase piglets to raise and sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2010
Listed
Feb 3, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010