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Josephine
Forty-seven-year-old Josephine C. believes that one day, her dream of making her backyard poultry-raising business stable will come true through the loans she can access through ASHI. Presently, she is requesting another loan, which she will be using as additional capital for her business. Her husband supports her desire for this because they both want their three children, whose ages range from 6 to 11 years old, to go to college in the future through her business profits in addition to the small income her husband is earning through his small fishing business.

After 45 days of raising, Josephine’s chickens will be sold to be slaughtered or sold alive to people around their village or sold to meat vendors in the public market.

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
  • 882
    View loans »
    Philippines Loans Fundraising
  • $54,390,175
    Funds lent in using Kiva
  • 45.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Josephine to purchase more chicks for raising.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Mar 19, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 1, 2011