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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.

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

  • $7,000
    Average annual income
  • 1076
    View loans »
    Philippines Loans Fundraising
  • $63,429,000
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Encarnacion to purchase fish and other sea foods for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Mar 15, 2010
Apr 12, 2010
Currency Exchange Loss:
Apr 1, 2011