Funded

Total loan: $225
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Margie


A loan of $225 helped buy cloth, scissors to weave doormats.


Margie's story

Margie hails from the busy town of Cardona in the Rizal province in the Philippines. She is 29 years old and married to a construction worker. She has three children to take good care of. She is young and full of the energy needed to run a business.

With her desire to start a business, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2008. With her first loan, she started a business making doormats. The business is going well.

Now she is about to receive her second loan of 10,000 pesos as additional capital for her business. The loan will buy 20 kilos of assorted cloth, scissors and cover transportation expenses for doormat making.

Margie hopes to make her business grow. She also dreams of sending her children to college and wants to buy a house and lot of her own.



Loan details

Loan length:

8 months
Disbursed date: July 21, 2009
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: July 21, 2009
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)