Check out some available loans that are similar to this one!
Lea
At her young age (31 years old), Lea has become a successful businesswoman. She started her own business using the loan she received from ASHI. It was just a small business then, but because of so many trials in life, Lea strived hard to make it grow and expand.

Lea feels glad about her business achievement. However, it is not yet stable enough for her to feel financially secure. Without a loan, her business can never grow. Therefore, Lea is requesting another loan in a larger amount to support and maintain her business (e-Load business).

She hopes that by having this business, she will have more income, have more savings for the future of her only daughter, and will be able to help her other relatives by employing them to work with her in her business.

Her vision of giving her daughter a better future using the proceeds of her business enhanced her eagerness to explore the potentials of her business. Her husband has been so supportive of her business effort. Lea hopes with God’s guidance that she can comply with her loan obligation and give a decent life to her family.

Her long term goal is to secure a stable source of income, and to be financially independent. Lea will use the profits to give a better education to her daughter and save some of it to support and fulfill her business dreams.

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
  • 1093
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Lea to support and maintain her business (e-load business).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011