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Venis
Venis J. has enjoyed spending the profits from her vegetable farming business and sari-sari store ventures. “Sari” means variety in the native dialect. A sari-sari store basically sells several types of food stuffs, beverages and household necessities. The store is either operated from the owner’s house or a small cottage not far away from the owner’s home.

Because of her two ventures she has able to sustain the needs of her family and has been able to improve their lives. With that, Venis is encouraged to work harder and plan further for her business and family. Because she has her own business that supports their financial needs she can access loans to support her business.

Therefore, Venis wants to take this opportunity to grow her businesses by requesting another loan of 35,000 PHP from our Kiva lenders for use as additional business capital. Venis wants to maintain and support the needs of her farming business to grow more vegetables to sell and sustain the operation of her sari-sari (variety) store.

Her long term goals are to have a successful vegetable farming business, a full-fledge grocery store and to support her family financially.

With the support of Kiva lenders, she is determined to achieve business success with her new entrepreneurial endeavor. Venis’s wish is to offer her children hope for a better future and that is what fuels her pledge to her business endeavor.

Venis is very happy to be a Kiva borrower and says thank you for offering financial support for 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

  • $7,000
    Average annual income
  • 1678
    View loans »
    Philippines Loans Fundraising
  • $58,968,050
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Venis additional business capital for her vegetable farm and sari-sari store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Dec 10, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 25, 2011