Check out other loans that are currently fundraising!
Lagrimas
Lagrimas is 60 years old and lives with her husband and her two children in Talim Island in the province of Rizal. She has been dedicating herself to the fishing business since she joined ASHI in 2005, but years ago she also started a hog-fattening business. This is how she earns a good income. She can also count on the help of her husband and her two children. As this business has proved to be profitable, she will keep on running it, as her aim is to increase her working principal. She will be very responsible with her payments and she is thankful to all Kiva lenders who will support the loan she is requesting. The loan will be used to buy more piglets, feed, and vitamins, and also to purchase raw materials for her fishing business. The capital will fund further expansion of the family ventures and support her dreams for her family to have a decent way of life. Lagrimas is a hard-working entrepreneur who is always looking for opportunities to grow. Through her daily effort, she is giving hope to her family.

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
  • 297
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Lagrimas to buy more piglets, feeds and vitamins, and raw materials for her fishing business, and increase her working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2010
Listed
Jul 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 25, 2011