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Estella
Estella manages a general store in her village. The loan she borrows from lenders helps her maintain the growth of her business. Estella hopes that someday, she can expand her general store. She is very thankful to all the lenders for all their support and she will do her best for her business to become profitable.

Estella works hard, not only for herself to have a better life, but also to help others in need. She is hoping to have a long life so that she can continue her mission in life. ASHI is her second family; she found it through staff and her co-members. She enjoys the people that she meets while selling her goods. That’s why Estella is very happy and motivated all day.

Her previous loan from KIVA provided working capital to expand her business and purchase more inventory for her store. Positive growth from her business has helped Estella finance her needs. Since joining ASHI, Estella has experienced positive changes in her life, using the additional income to support her nephew who has enrolled in a doctorate degree in university. Estella hopes her business will continue to flourish so she can provide long-term financial stability for her family. Therefore, she is now requesting another KIVA loan, this time for 45,000 PHP, to purchase more inventory of food for her store. This will allow her to grow her business further so that her nephew can fulfill her dreams of completing a doctorate degree and experiencing a life that’s full of contentment.

Estella’s one hope in life is to have savings in the future for her retirement because she’s now getting older. Thanks in advance to all supporters for funding this loan. Again, this is a great opportunity for making her dreams come true.

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
  • 309
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Estella to buy more inventory of food for her store.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Oct 29, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012