A loan of $450 helped to purchase fish and other sea foods for selling.

Encarnacion's story

54-year-old Encarnacion S. wants the remaining three of her seven children to graduate from college and have a better career in the future. Being a mother who works hard in trying to sustain the education of all her children despite her poverty, she feels sad that her four elder children have to quit from schooling because of her incapability to support their financial needs. However, when ASHI came into her life offering her the opportunity to receive a loan for financing a business, she became hopeful again.

From the time her first loan was received, until the present loan she is requesting, Encarnacion has been trying to grow and finance a seafood buy-and-sell business in partnership with her unemployed husband. With the profit of this business, although savings are yet hard to achieve, she was able to support and sustain the education of her children. She has been also able to support the needs of her four elder children, if they can’t get hired as laborers.

Encarnacion and her husband sell their products in the public market and also to people around their village. With the loans, she can always have an access to these sales. She is determined to reach her ambition of improving the life of her family by growing her business and its profit.

Loan details

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Loan details