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Florinda
Florinda is from San Jose, Antique. She is 55 years old. She is married and has three adult children. To make a good living, Florinda owns and operates a vegetable vending business at Trade Town of San Jose. Florinda has been engaged in her business for over 10 years and earns good profits for these activities. In 1999, Florinda aimed to join ASHI to secure access to financial services to help improve her living condition and to have the ability to engage in more business activities. Florinda has successfully repaid a previous loan from ASHI. Since she was able to repay her previous loan, she is now qualified to apply for another loan with a higher amount than the first one she had. Now, she plans to utilize this and future loans in the same business until it grows. She wishes that some day, she can put up her own stall, not rent in the public market, so that her income will increase and she will be able to give her customers convenient purchases in their village that is far away from the marketplace.

She hopes that, with the help of this KIVA field partner, she can reach her ambitions to step out from under the umbrella of poverty, develop her business, and provide for the needs of her grandchildren in school.

Florinda's aspiration for all of her children is for them to have a decent living, and this is the reason she wants her business to succeed. Her loan in ASHI is a very important factor that could lead her towards fulfillment. With her hard work, focus, and determination, Florinda is hopeful that her business ventures will continue to grow and improve the overall standard of living for her entire 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

  • $7,000
    Average annual income
  • 1239
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Florinda to use for selling vegetables.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2010
Listed
Sep 21, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012