Check out some available loans that are similar to this one!
Clarita
Clarita G. is 59 years old and a widow with three children. She is a resident of Malabor, Tibiao Antique, Philippines. Her husband died five years ago and she has taken on the role of being both mother and father to her children. Her eldest child is 27 years old and her youngest is nine. Because of poverty, two of her children have only completed high school, but she has never lost hope because she has still one child who is studying.

After her husband died, Clarita focused much of her time on fish vending to move on and to provide for the needs of her family. She doubled up her work efforts because she did not want her children to go hungry or get sick. Clarita hopes that at least one of her children will finish college because she knows that it is very difficult to find work without a good education.

In 2009, Clarita had the opportunity to join ASHI when ASHI ANB opened an expansion program. Clarita’s dreams were the basic requirements of membership. Her first loan was for 5,000 PHP which she used to expand her fish selling business.

Clarita is requesting a second loan of 10,000 PHP to use as additional capital for her business. The income that she will gain will be a great help to provide for her family and support her child who is still studying. Clarita also dreams that her business will improve with the help of ASHI and Kiva, and she hopes to expand her fish selling business to the wholesale level if she has enough capital.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Clarita to use as capital for fish selling business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 8, 2011