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Juanita
Juanita L. is 44 years old and married with four children. The eldest is a college graduate, two children are in high school and one is attending elementary school. Juanita lives with her family in the province of Rizal in the Philippines. Her husband works long hours as a fisherman to support the family. To supply additional income, Juanita wants to expand the family fishing business through additional working capital.

Juanita would like to receive a loan of 20,000 PHP to purchase an inventory of fish nets, rope, bamboo, fingerlings (small fish), and additional raw materials. With additional equipment, Juanita believes that her fish supply will increase, bringing higher revenue.

Over the course of her membership since 2008, Juanita has achieved strong performance with regular attendance at center meetings and steady repayments. Juanita is thankful for access to capital and loans to support her entrepreneurial dreams. With the support of ASHI and Kiva, she is hopeful that their expanded business will continue to flourish, to improve the family’s quality of life, and fund all of her children’s expenses in school until college education.

About ASHI: Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of Grameen Bank Approach (GBA) to credit delivery to the poorest of the poor in the Philippines. With its outstanding achievements over the years, it has become one of the role models in credit delivery to the poor in the country.

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
  • 1075
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Juanita to purchase inventory of fish nets, rope, bamboo, fingerlings (small fish), and additional raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010