Funded

Total loan: $225
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Lolita

Philippines
Philippines / General Store

A loan of $225 helped to buy commodities such as rice, gasoline, and dried fish.


Lolita's story

64 years old Lolita and her husband live with their two sons and three grandchildren. Through Lolita's membership in ASHI, she has been able to purchase, six years ago, a tricycle (sidecar attached to the body of a motorcycle - used as a means of transportation) which her 33-year-old son is managing and getting his income from. Her loans have also financed her husband's farming. Most of all, it had made her an entrepreneur.

Lolita sells rice, gasoline for motorcycles, and dried fish in their own village. She chose to sell these items because they are the most salable to people, considering the village, which is very poor, lacks accessibility to any kind of transportation and the market is very far. The fare alone when buying things people need in the market is already expensive. At least with Lolita's business, people don't need to go to market for the basic things they need.

Through loans she is able to get from ASHI, Lolita wants to expand her business and sell more items for the accessibility of her neighbors and other people in the village. She also wanted to help her children and sustain the education of her grandchildren.



Loan details

Loan length:

14 months
Disbursed date: July 23, 2009
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 23, 2009
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)