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Marjorie
Marjorie M. lives near the Sulu Sea in the municipality of Pandan, at the northern end of Antique Province. Small fishing boats dot the beach near her house, and much of the economic activity in her neighborhood revolves around the sea. Marjorie has two daughters and two sons, ranging in age from seven to 14 years old; the youngest is in kindergarten and the oldest is in the sixth grade. Her husband, Narciso, is a farmer and fisherman.Marjorie has been selling fish, salt, and rice for ten years. She sells from her house, and walks from place to place selling her goods from a basket. She plans to use the money from this loan as working capital to buy items to resell.She hopes God will grant her the good health to continue working, so she can grow her business and perhaps establish a fixed location outside her house to sell from in the future. She wants to be able to earn enough to continue to support her children's education.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $50,847,100
    Funds lent in using Kiva
  • 48.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marjorie to buy fish, rice, and salt for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010