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Felina
Felena Bredan is 62 years old an a member of Ahon sa Hirap, Inc. – a microfinance partner of Kiva in the Philippines. Felena’s dream is to have a nice, comfortable house with rooms she can rent out to boarders. While still young, she decided to remain single so that she could support her family. She uses the profits she earns from renting rooms to help her brothers, sisters and other member of her family. She also saves some money to pay her health expenses. She is applying for a loan for 25,000 PHP to use to buy materials and pay workers to expand and renovate her house. Her goal is to make her home more inviting to boarders, especially students who go to nearby schools. She hopes and prays that ASHI and KIVA will help her reach her dreams in life.

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
  • 1449
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Felina to improve and expand her boarding house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 27, 2011