A loan of $850 helped to purchase a new motorized fishing boat.

Merle's story

Merle F. is a 47 year-old mother of four. Her husband Angel is a fisherman. The family live in a village along the sea of San Jose, Antique, the capital town of the province. Her present business is a variety store, established using her previous loans from ASHI (Ahon sa Hirap, Inc.). The income from her store and her monthly honorarium for being a councilor in the village are not enough to support the needs of her family, especially the education expenses of her two children in college and one in high school.

Mergelyn, her eldest daughter, helped her in managing their grocery store. She applied for this loan to buy a brand new motorized fishing boat for her husband. She hopes that through her proposed business she will be able to sell a large volume of fish, enabling her to save for the expansion of her venture. She dreams of expanding her fishing boat in the future. She also wants to save money for the education of her children and to improve their house.

Loan details

Lenders and lending teams

Loan details