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Juliet Rose
Juliet Rose D. C., age 30, has been a member of ASHI since 2006. Her current request for a loan will be used to finance a business she plans for herself: a general store. She wants to help her husband support their family. For the past three years she has been busy taking care of their three small children, but now that the youngest child is three years old, she would like to do her part in earning money to provide for her family.

Manuel, Juliet’s husband, is a construction laborer. He supports his wife’s decision to manage her own business. He believes that if his wife can procure capital for starting up her business, she has the capacity and ability to make it grow and become profitable. He knows that she is motivated by the desire to see her children happy and well-educated. Both Manuel and Juliet would like to see the children eventually graduate from college, an opportunity that they themselves did not have.

Juliet intends to purchase inventory items for her store. This will include foodstuffs, beverages, grocery items, and basic commodities.

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
  • 304
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 46.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juliet Rose to purchase foodstuffs, beverages, grocery items, and basic commodities for her general store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011