A loan of $525 helped to purchase fish nets and fingerlings.


Lolita's story

Lolita A. is one of the best performing members of ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines since 1995, from the time she joined the institution. She is 58 years old and mother to six children. She is strong in facing trials of life even though she is widowed already. She lives in the island village-Malacaban, Binangonan, Rizal province.
She uses her capital wisely and really invested it in a profitable business. Before, they were making chairs sets made of bamboos. Now they shifted their business into a fish cage (fishpond) where they cultivate fish fries (fingerlings) until they are ready to be harvested and sold in the market. For her loan, she proposes an amount of 25,000 pesos to pay for 20,000 pesos worth of fishnets and 5,000 pesos worth of fish fries (fingerlings) as her primary business.
They been doing the business for more than a year already and they want to invest more in it. She is positive that with the help of her children, they can make their business grow and it could give them back enough proceeds for their family needs. To help her grandchildren with their school fees is also one of her top dreams.



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Loan details