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Maricel
Maricel S. is 29 years of age and is happily married to Jerald S., who is a security guard. The couple was blessed with three children whose ages range from two to eight years old. Two of her kids are in school and one kid is a two year old baby. They are accumulating bigger amounts of expenses each year. Through a business she has been growing since Maricel had her own family until the present, she has been able to support the education of her children.

Maricel's fattening (raising pigs in four months and selling after that) business started to grow when she had availed herself of a loan after she became a member of ASHI.

Because of the success she found in her business, the loan she applied for will be used to purchase more piglets to raise. She hopes that her business will prosper and that she can have the ability to start up another business supported by the profit from her hog raising so that she can employ some of the members of her family, especially her extended relations in the village.

Her long term goals are to have a full-fledged pig farm business, invest in her home, send her children to school until they complete college, and embark on another venture - a sari-sari store. “Sari” is a native word for variety. Such stores are convenient for people in the village who live far from the market place.

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
  • 1317
    View loans »
    Philippines Loans Fundraising
  • $56,524,250
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Maricel to purchase more piglets to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2010
Listed
Sep 6, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 1, 2011