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Myrna
Myrna R. is 53 years old. She is a single parent and a good mother to her three minor children. They currently live in Hamtic, Antique. She has been engaged in a hog-fattening business for more than eight years and also gets involved in a variety store as another source of household income.

She plans to utilize this loan of 25,000 Philippine pesos (PHP) to expand her hog-fattening business and variety store and to continue to be involved in other businesses for supplemental profits. This loan will be used to support the maintenance of her hog-raising and pay for inventory for her store. She believes that her business will help her family to rise up and fight against poverty.

During her eight years as a member of ASHI, Myrna has shown very good performance with her group mates and center. Having this loan will enable her to finally achieve her dreams in life: to have a successful business, to fund the educational needs of her children until they finish college and to have a better life and a happy family as well. She is very thankful to ASHI and Kiva for the continuous support of her dreams.

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
  • 330
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Myrna to support the maintenance of her hog-raising business and pay for inventory for her store.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012