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Mary Grace
Mary Grace runs a sari-sari store. Sari-sari stores basically sell small quantities of various foodstuffs, grocery items and beverages. “Sari” is a native word for variety. This is a small store that is either attached to the owner’s house or in a small native cottage not far away from the owner’s house. Such stores are convenient for people in the village who live far from the marketplace.

Mary Grace started her variety store through her initiative of dealing with customers. She wants to continue her business; it gives her family good proceeds to support the educational needs of her two children. She is requesting a loan of PHP20,000 so that she can have the funds needed to buy more food products and basic household necessities. This will allow her to attract more customers and increase her sales.

Mary Grace dreams of growing her variety store into a mini-grocery store and expanding it to other villages, to send her two children to college, and to have their own beautiful house and land for comfortable living.

Her children are her inspiration to pursue her variety store. She now feels very happy for the help of ASHI and KIVA partnership, which allows her to pursue her dreams for her family. She hopes that they continue the service for a long time and help many families who want to get ahead.

She has shown herself to be hard-working to make her dreams come true and hopes that her business will continue to be more productive and improve her overall quality of life for her entire family.

She says “Thank You” to all her Kiva lenders around the world for offering her financial support and giving people a big chance of reaching their dreams in life. She prays that they will be blessed.

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
  • 1477
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mary Grace will buy more food products and basic household necessities.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2011