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Merlyn
Merlyn, 41, is a strong mother who aims to become successful someday by developing her shoe-making business in the local community. Merlyn is thankful to ASHI for the loans it has provided since her membership, Merlyn has been able to support her business by purchasing required materials. She hopes to further improve her business in the future through hard work and the continued assistance of Kiva partner, ASHI.

Lack of business capital has encouraged Merlyn to ask for financial support from Kiva lenders. She will be glad if her loan request is granted and she will use the loan wisely to purchase needed supplies for her business. Her hard work and perseverance have laid the groundwork in bettering her life. Her long-term goal is to have her own shoe manufacturing shop someday. Merlyn hopes to maintain the long-term sustainability of her shoe-making business. She is very thankful that Kiva lenders through ASHI are able to share in the poverty alleviation program.

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
  • 1518
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Merlyn to expand her shoe-making business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 5, 2012