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Darlene
Darlene M. and her husband, Raymond, are filled with hopes and dreams for their two children, aged three and eleven. Raymond is a tricycle driver (a motorcycle with sidecar, used for transportation) while Darlene manages her fishing and fish-selling business. Sometimes, the tricycle is used to provide a delivery service for the fish because Darlene has acquired customers from different villages in the town of San Jose, in the province of Antique. If she has only a small volume of fish, Darlene just sells them within their village by taking them directly to people's houses.

As well as owning their tricycle, Darlene and Raymond also have a motor fishing boat as an investment. It is managed by Raymond, and sometimes by other people in their village. Both investments were bought using Darlene’s loans through Kiva partner, ASHI, and both are a big help to Darlene in meeting her family's basic needs.

However, when Darlene thinks about her dream of educating her two children until college, she is aware that she cannot afford this on her current income. Therefore, she is looking for a larger amount of financial assistance, via a loan, in order to sustain and grow her business. She wants to purchase another motor fishing boat because she can see that her fishing and fish-selling business has the potential to generate more profit and could also give people easy access to food.

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
  • 1396
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Darlene to purchase a motor fishing boat.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2010
Listed
Feb 16, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 4, 2012