A loan of $850 helped to buy a greater variety of fish to sell and to buy feed for her pig-raising.

Hermenia's story

Hermenia P. is a 50-year-old woman who has three children with her husband, Quirino P.. Her eldest child is in her second year of college taking Hotel and Restaurant Management; the second to eldest is a third-year high school student; and the youngest is in his sixth grade in elementary. Every year, the education of Hermenia's children incurs bigger financial expenses. Hermenia's business had been very helpful in supporting those expenses and has abled her children to continue their studies.

It has been thirty years that Hermenia is into her business buying and selling fish. Her membership in ASHI and the support of her loving husband and children enabled her to start up the business and have it grow. Despite financial struggles, Hermenia proved her trustworthiness and well-defined values by showing good performance in terms of her repayments, attendance and business.

Recently, Hermenia, her husband and her children decided to apply for a loan in ASHI to enhance her business further and it could profit greatly. The whole family agreed on the idea of buying more variety of fish and to increase the volume of their purchases in order to sell more, cover a wider area of the municipality, and have bigger profits. Aside from intending Hermania's loan for her primary business, they also plan to enhance their hog-fattening business (backyard pig-raising to be sold after four months) for an alternative income during the off-season of fish.

Through the profit Hermenia's hog fattening business would generate, she aspires to purchase a motor fishing boat to be managed by her husband while her profit from buying and selling fish will be intended for her weekly repayments to ASHI, family daily needs, and her children's education.

Loan details

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Loan details