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Lovely S. and her husband cultivate land to farm rice. When a harvest is good, the product is sold to market through a middleman, while some is stored for their family consumption, especially for the lean months or rainy days. During these months (from May to August), everything in the market is priced expensively, while small and poor entrepreneurs like Lovely cannot price her rice high because she has to earn in any way possible and does not have a storage room or facilities to preserve the good quality of their rice. Without any other options, the woman has to sell her rice during the peak of harvest, when supply is high and demand goes low.

The loans Lovely has accessed through her membership in ASHI since 2008 have been a great help to her family and business. When she received a small amount of capital from ASHI,she managed to put it all into her business. For her, business is an important factor, and she does not want to be a problem for her weekly payments. The profit she gains from her business has enabled her to support the educational needs of her five children,whose ages are from 3 to 13 years old and save some of the money to support agricultural needs for the next cropping(planting season).

As parents, Lovely and her husband Vicente don’t want their children to inherit their very poor kind of life someday. As much as possible, they really want all of their children to graduate from college and find a better and stable kind of job someday. In the light of this, Lovely is requesting another loan through ASHI to increase her capital investment to the business, hoping that it will grow and become more profitable.

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
  • 1853
    View loans »
    Philippines Loans Fundraising
  • $61,075,150
    Funds lent in using Kiva
  • 46.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lovely to purchase farm inputs, such as rise seedling and fertilizers. Some of the amount will be used for farming facilities and farm laborers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 22, 2010
Aug 20, 2010
Currency Exchange Loss:
Jul 25, 2011