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Diostita
Diostita is a hard-working mother who offers tricycle transportation to earn a living. (Her tricycle is a motorcycle with sidecar.) This is much more expensive than a tri-bike but the owners make a bigger income. Her supportive husband, Reynaldo, is a driver and manages their transport business. Diostita and Reynaldo offer good service to people in their village. She appreciates that the organization has helped her improve her business and her quality of life.

Diostita has requested a loan of 15,000 Php for the maintenance of their tricycle including needed spare parts. She hopes to buy another tricycle in the future for more work. Diostita is hoping that her transport business will help her with the financial needs of her family and support her grand childrens' education so that they are able to move forward out of poverty. She positively believes their lives can be changed.

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
  • 1468
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Diostita to buy needed spare parts for her tricycle.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 30, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012