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Teresita
Despite of being 57 years old, Teresita P. still feels young at heart. She is filled with dreams and hopes for her family, especially for her three children who did not attend college or graduate from high school, although her 17-year-old youngest child is still studying in high school. Although her eldest two children are already 23 and 22 years old, Teresita still wants to support their needs because they are unemployed and will have a hard time finding employment without a higher educational attainment. She also wants to support her youngest child's college education until she graduates. To do this, Teresita needs to grow her hog raising business which she started when she joined ASHI. Profits from her business are the main source of money to support her family needs, since her husband is unemployed and is already old.

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
  • 1003
    View loans »
    Philippines Loans Fundraising
  • $54,441,200
    Funds lent in using Kiva
  • 45.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Teresita to purchase pigs for fattening in a small pig farm.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2010
Listed
Mar 17, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012