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Vicky
Vicky T. hopes that the loan she has requested will enable her to grow her food selling business to make more profit and thus help her support her dream of rising up from all forms of poverty starting by increasing her income. Despite her poverty and the small profit of her business at the moment, Vicky believes that in time it will grow and she can give her three children (aged two to nine years old) a life that they will be most happy. She wants her children to attain the highest level of education possible to have more options to cope with life’s challenges.

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
  • 1382
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 45.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Vicky to purchase ingredients and other things needed for her food preparation/sales business.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012