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Pakita
Pakita M., age 49, is married with four grown children. She lives with her family in the province of Rizal in the Philippines. Her husband, Secero, works a carpenter. To supply additional income for her family, Pakita is starting a business direct selling of Avon products and rice in the neighborhood. She is ambitious and determined to launch a successful business venture of her own.

Pakita would like to receive a loan of 17,000 PHP to purchase an inventory of lotion, Windscape, cologne, lipstick, underwear, powder, and supplies of rice. A dedicated member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, Pakita is thankful for secured access to capital and loans to support her entrepreneurial dreams. Her long-term goals are to build a sustainable business, fund her children’s college education, and to construct a more durable home that can withstand the flooding so common in her town. With the support of ASHI and Kiva, she is hopeful that her business will generate steady income to improve her financial stability and her family’s quality of life.

About ASHI:

Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of the Grameen Bank Approach (GBA) to credit delivery to the bottom 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
  • 982
    View loans »
    Philippines Loans Fundraising
  • $54,452,625
    Funds lent in using Kiva
  • 45.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Pakita to purchase an inventory of lotion, Windscape, cologne, lipstick, underwear, powder, and supplies of rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2010
Listed
Mar 11, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010