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Catalina
Catalina A. started her vegetable buying and selling business in 2005. That same year she joined ASHI in order to receive a loan to finance the growth of her business. For a number of consecutive years she has received loans from Kiva partner ASHI and she is again requesting a loan in order to be able to increase the volume and turnover of her sales. She works hard and invests emotionally and financially in her business in order to make it successful. Despite the failures and challenges she has encountered, she has never thought of giving up her dreams and has become strong instead in order to continue her fight against poverty. Through the support of her loving husband who died several years ago, her business has grown and she now has larger profits which she uses to support her two children, aged 14 and 19 years old.

Catalina tries to save some money out of her profits because she plans to purchase a motorcycle for a transportation business which will be managed by her eldest son who did not want to pursue his education in college. He will then have his own source of income and will not just depend on her. Along with that aspiration, she also wants to support the education of her youngest child until she graduates from college and has her own career.

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
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Catalina to purchase bulk volumes of vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
Covered
Ended:
May 11, 2011