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Ma. Edelita
Ma. Edelita F. would like to expand her sari-sari (variety) store and is requesting a Kiva loan of 20,000 Philippines pesos (PHP) in order to purchase additional groceries for her store. She believes that having more items will help her retain her current customers as well as attract new clients in the neighborhood.

Ma. Edelita reported that her previous loan helped her maintain the growth of her business. Moreover, the income she gets from the business is very helpful in sustaining her family needs. She was able to see her oldest child graduate with a mechanical engineering degree and be currently employed with a private company. She also hopes to see her other two children complete college.

A proud member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, since 2008, Ma. Edelita has been a dedicated member, regularly attending weekly center meetings. She has a solid record in repayments on her previous loans. Her long-term goals are to have a profitable business and to invest in her home. Additionally, she hopes to continue her business as a sustainable livelihood to support 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
  • 1122
    View loans »
    Philippines Loans Fundraising
  • $54,649,075
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ma. Edelita to purchase additional groceries for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2010
Listed
Oct 28, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 7, 2011