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Fidela
37-year-old Fidela B. is married to a 39-year-old hired laborer. Without any offspring since their marriage life started, Fidela and Nolie are enjoying the company and the love of each other as husband and wife.

For as long as they are together, life, despite poverty, seems to be happy and easy. However they don’t deny the fact that both of them are excited to, in the future, have their own child and feel the real essence of a family. But, for now they are working so hard to earn money through a business to be financially prepared for having children.

Fidela runs her small sari-sari (variety) store financed by loans she has received from ASHI since her membership in 2006, while her husband earns sporadically as a hired laborer.

For Fidela’s dream of renovating their house for a better and safer shelter against storms and any other forms of calamity, she has to grow her business to make it profitable. Then she will be able to put up a savings fund meant for her plan. To make this possible, she therefore would like to request a loan.

Having a very good performance as an ASHI member since joining, in terms of attendance to weekly center meetings, loan repayments, and managing a business, she is confident to request a much larger loan.

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
  • 969
    View loans »
    Philippines Loans Fundraising
  • $54,483,000
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Fidela to purchase more variety of foodstuffs, beverages and grocery items for her sar-sari store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 4, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011