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Rose
Rose is 38 years old and married with three children, all of whom are dependent on her and need her support. Rose lives with her family in the province of Rizal in the Philippines. Her husband works long hours as a fisherman to support the family. To supply additional income, Rose wants to expand the family fishing business through additional working capital.

Rose would like to receive a loan of 10,000 PHP to purchase fish nets, rope, and additional materials. With additional equipment, Rose believes that her fish supply will increase, bringing higher revenue.

Over the course of her membership, Rose has achieved strong performance with regular attendance at group meetings and steady repayments. Rose is thankful for access to capital and loans to support her entrepreneurial dreams.

With the support of ASHI and Kiva, she is hopeful that their expanded business will continue to flourish to improve the family’s quality of life and fund all of her children’s college education.

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
  • 1303
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rose to purchase fish nets, rope, and additional materials needed in her fishing business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2010
Listed
Dec 9, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011