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Elisa is 44 years old and married to Felix, who is a laborer, and they have four children ranging in age from 17 to 23.

Elisa has had her variety store for three years and has had a total of nine loans from ASHI, all of which helped her with her business and helped her to raise her family up from poverty. She paid them all back 100% and on time.

With 17,000 Pesos of this 35,000 Pesos loan, Elisa will be able to purchase groceries for her variety store. The remainder, she is planning to use for a welding machine for her husband's work and, with the little bit left, a fishing net so that they might start a fishing business too. It's very wise here to have more than one income, since weather and other factors affect businesses and Elisa has been working hard for years to be able to start to diversify her business.

Elisa’s dream is that, someday, her small store will become a bigger store but, more than anything, she wants good health for her family and education for their futures so they might not have to live in poverty.

Written by Sloane Berrent, Kiva Fellow

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
  • 430
    View loans »
    Philippines Loans Fundraising
  • $69,631,075
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Elisa to buy goods for her variety store and a welding machine for her husband.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Jul 7, 2009
Jul 23, 2009
Currency Exchange Loss:
Jul 25, 2011