Check out some available loans that are similar to this one!
Pacita
In 2006, Pacita found an opportunity to obtain secured business capital. She joined ASHI, a first kiva field partner, and she was encouraged by the stories of poor women of ASHI. She wanted to become successful like them and has used the loans she had since then, for her business.

Because of the opportunity of receiving loan, Pacita was able to start a plastic wares business. She was courageous enough to take all the risk of running a business because her husband was there to support her. She kept a dream in her mind of having all grandchildren finish their schooling and they complete college. She won’t let her grandchildren attain a low level of education like her six children, whom all are under high school graduates and don’t have stable jobs.

Pacita had never hoped for anything but her family. She hopes her children will not have to experience a hard life like the one she and her husband have experienced. She dreams of expanded her business. She sees herself venturing into the wholesale business in the future.

Now she is requesting new loan amounting 24,000 Php. The loan fund will be used to pay for increased inventories of plastic wares to sell. She believes with more stocks will attract more customer in their village.

Pacita’s one hope and dream is to alleviate her family from poverty. Pacita is very pleased to be a Kiva borrower and says thank you for helping fund her business efforst.

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
  • 1471
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Pacita will be used to buy supplies of plastic wares to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Dec 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011