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Norma B. is forty-three, married, and the mother of three. She lives in Hamtic, at the south end of beautiful Antique Province, where farming and fishing are the backbone of the economy. Two of her children are in primary school, and one is in high school. Her husband is a fisherman. Norma plans to use the money from this loan to buy new nets, rope, and line for her husband's fishing boat, and will use the remaining balance as working capital for her business of buying and selling fish. One day, Norma hopes she and her husband can buy a long line fishing boat so they will be able to earn more money. She wants to be able to send all of her children to college.

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
  • 958
    View loans »
    Philippines Loans Fundraising
  • $63,408,725
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Norma to buy nets, rope and line for fishing, and for capital to buy and sell fish.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 5, 2009
Apr 2, 2009
Currency Exchange Loss:
May 11, 2011