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Cecilia
In her heart, Cecilia harbors the desire to increase her capital to invest in more inventories of candies, cigarettes and other items to sell. With these, she can create more revenue for her family. Above all, she hopes to offer a better quality of life for her four dependent children.

Cecilia requests a loan of 20,000 PHP. Specifically, the loan fund will be use to buy more cigarettes, candies and other items to sell. Let’s support this devoted mother to help her bring well-being and security to the members of her family.

Cecilia believes that her business will help her family rise up and fight against poverty, as well as provide for the needs of her family, most especially in the education of her children.

Cecilia has been a dedicated member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, since 2009. Cecilia is thankful to receive the loans to support her business dreams. She hopes to diversify her business in the long term to support the basic needs of her family.

The support of ASHI and Kiva Lenders will enable her to finally reach her dreams in life: to have an expanded business, to fund her children’s education until they finish college, to offer them a good life, and to have a happy family. She also dreams of owning a house and lot someday.

She says “Salamat” (Thank You) to ASHI family and Kiva for the trust given to her and her family. For this inspiration, the couple will work harder to prove that they are worthy of this trust. Her family expressed thanks for supporting their dreams in life and their hope of reaching it.

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
  • 440
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Cecilia to buy candies, cigarettes, and other items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 5, 2012