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Erlinda
Erlinda R. is a 55 year old mother of three. She works very hard to save money for her daughters’ education. However, only her eldest daughter graduated from college and landed a job. Her second daughter marriaged early and has kids, while her youngest daughter stops her studies when she's in primary school. Her husband is a fishpond caretaker. She acquired her knowledge in making Chinese steamed buns when Angeline, her eldest daughter, introduced the procedures. She was able to improve the cooking recipes to meet her customers varied taste; the business has been extremely successful. She applied for this loan to buy ingredients such as bread, flour, refined sugar, brown sugar, yeast, plastics, pork, and potatoes. She needs to buy those stocks in bulk in order to get a cheaper price. She hopes that she will be able to cope up her orders and make a stall out of her income. She hopes to build a working place and employ some of her neighbor in the future.

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
  • 263
    View loans »
    Philippines Loans Fundraising
  • $53,163,375
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Erlinda to buy ingedients for Chinese steamed buns (siopao).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2009
Listed
Apr 3, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010