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Nenita
Nenita S. is optimistic that her sewing business will produce a steady income to improve her economic stability and her family’s quality of life. Her long term dreams are to keep on supporting her children’s education and to have a successful tailoring shop someday. Nenita would like to receive a loan to purchase inventory to continue her sewing business including cotton fabrics and other materials needed in her business. As a member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, Nenita is thankful for the access to loans to support her dreams and the encouragement. Her hard work and patience are her foundation in achieving a better life for her and her 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

  • $1175
    Average annual income
  • 964
    View loans »
    Philippines Loans Fundraising
  • $54,424,950
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Nenita to purchase cotton fabrics and other materials needed for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 7, 2011