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Cadiao
R. Cadiao, a 42-year-old single mother, lives near the capital city of the province with her child, who is already a university graduate. She owns a video game shop, located in her relative’s house, paying 30% of her income as rent.



She is now requesting a loan to buy one more video game unit in order to better serve her customers and increase her income. R. dreams of having 10 video game units in the future and establishing her own shop in order to retain all of her income.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Cadiao to buy a video game unit for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2009
Listed
Mar 7, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010