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Yolanda
Yolanda F. buys and sells different curtain and tarpaulin items. She was encouraged to join Ahon Sa Hirap, Inc. (ASHI), a Kiva field partner, because of the high value it places on helping women to prove their skills by lending them working capital for their businesses as micro-entrepreneurs. When she joined ASHI in 2007, she started to dream, hope, and discover a way to get herself out from under the hardship of poverty. To make a better income, Yolanda is interested in continuing and improving her business.

Yolanda would like to receive a loan amounting to 20,000 PHP in order to purchase a larger inventory of tarpaulins and other supplies. As a proud member of ASHI, one of the first Kiva microfinance partners in the Philippines, Yolanda is thankful to be able to obtain secured capital to support her goals in life. Her long-term goals are to build a profitable buying and selling business, send her children to college, and invest in her home. With the support of this Kiva partner, she is dedicated to expanding her business and is determined to achieve financial stability for 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
  • 1164
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Yolanda to purchase a larger inventory of tarpaulins and other supplies.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011