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Juliet
Juliet M. is a 37-year-old married mother of five. One of her children is still pre-school age, two are in primary school, and two are in high school. She and her husband fish using their own boat, and they also buy fish for resale from other fishermen. Juliet intends to use the money from this loan to pay for repairs to nets and to their fishing boat, and as additional capital to buy fish for resale. She would like to save enough money to have the extra capital to buy fish on her own, so that her business will be more sustainable. She hopes she will be able to continue to afford to send all her children to school.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Juliet to pay for fishing boat and net repairs, and to buy fish for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2009
Listed
Mar 11, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010