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Glenis
In 2006 Glenis I. joined Ahon sa Hirap, Inc. (ASHI) – a microfinance institution in the Philippines and a KIVA partner. A 41-year-old married mother of two, her eldest is a 17-year-old third year college student and the youngest is a 14-year-old third year high school student. Their primary source of income is her retail store which she established with her loans from ASHI. Her profit from this business helps meet many of their financial needs, especially the school expenses of their children. She is able to supplement her husband’s meager income in providing for their daily needs.



As a member of ASHI and KIVA, Glenis performs her duties and responsibilities with excellence and commitment, the real reason she has been tagged as a model member of the institution. She is now applying for another loan of Php 45,000.00 pesos to buy additional stocks of grocery products, canned goods, sacks of rice and sugar, cases of soft drinks or beverages and packs of cigarettes to accommodate the demands of her customers. More importantly, she wants to earn more so that she can achieve her dreams of having her own grocery stall and continuing to support the studies of her children until they finish college and earn a degree. Glenis believes that with the blessing of God and the support of the people from ASHI and KIVA, she will soon reach 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

  • $7,000
    Average annual income
  • 1251
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Glenis to buy additional grocery products, sacks of rice and sugar, cases of beverages, packs of cigarettes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Sep 27, 2010
Currency Exchange Loss:
Covered
Ended:
May 11, 2011