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Maricel P., 24, just joined ASHI in 2009. Her early marriage and motherhood pushed her capabilities in running a small business. She had no other way to change her life, as well as her two children’s lives, as she depended on her husband’s small income as a motorcycle technician. She is not even a graduate of college (because she came from a poor family) to be employed in offices or have a better paying job. Because of that, Maricel opened her eyes to see more options for having her own income; hence, she thought of her skill in cooking food. She thought that maybe, selling food as her business would provide her an income which she could use to augment her husband’s.

When she became a member of ASHI, the loan she received was used to start her envisioned business. She gained a lot of customers from the neighborhood and even from other villages. After six months, she had fully repaid her loan and had improved their life a little. Her second loan, with a much larger amount, enhanced further her business; however, to fully achieve her dream of having a restaurant, she needs more loans. Therefore, after just recently paying off her second loan, Maricel is again requesting a loan of 15,000 Philippine pesos. This will be used for the same purpose. Some of the proceeds of her business will be spent for obtaining her family’s basic needs, while some will be saved for her two children, whose ages are 2 and 5.

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
  • 1855
    View loans »
    Philippines Loans Fundraising
  • $61,010,950
    Funds lent in using Kiva
  • 46.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maricel will be used to purchase utensils and ingredients for cooking food to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 27, 2010
Feb 16, 2010
Currency Exchange Loss:
Feb 15, 2011