A loan of $400 helped financing her hog fattening (pig raising) and variety store businesses.

Norma's story

Norma M. is a 63-year-old business woman. She joined Ahon Sa Hirap, Inc. (ASHI) in 2005 wanting to start up her own business since her husband's livelihood was then unstable. Using her first loan from ASHI, she put up a small variety store that she has been able to sustain until now.

Three years ago, she used her loan for starting up a hog-fattening business (hog-raising business). Hog fattening is raising piglets for three to four months. After those months, the pigs have grown and they will be sold. Profit from this kind of business is double the amount of its capital. Piglets bought for Php 1,500 to Php 2,000 can be sold to Php 4,000 to Php 6,000 after four months. Norma started by raising two piglets. After that, the loans she accessed from ASHI were used for growing her later business. Profits she made from the hog fattening were re-invested in her variety store business.

Someday, Norma hopes to have bigger pig pen to raise many pigs for a bigger profit. Her ambition of growing her business and having more profits is because of her desire to have savings for her unemployed husband and herself in case of emergency, for she doesn't like her children to be financially bothered about them. She and her husband have been living alone together for many years since their children have had their own families.

Loan details

Lenders and lending teams

Loan details