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Beticia V. is a 68-year-old widow from Jala-jala, Rizal Province, in the Philippines. She has given birth to an only son, Joey V., who is a 39-year-old fisherman. At her older age and being a widow is not easy for her to face the difficulty of poverty, but through the support of ASHI in her life, she has never felt alone in achieving her dreams.

In 1992, Beticia joined the KIVA partner and MFI, Ahon Sa Hirap, Inc. (ASHI), which means ”To rise up from poverty”. When she received her previous loans, she invested the money in selling detergent and soap bars, and she hopes to expand her business soon by purchasing more stock. Now on her 6th loan, she has requested 25,000 PHP as additional capital for her primary business of selling detergent and soap, while she tends to a fishing business at the same time.

She is optimistic that both businesses will grow because she already has regular customers requesting orders from her.

She dreams of having a space in the market where she can sell her detergent and soap bars, and more fish from her fishing business. She also dreams of building a durable, concrete house and having successful businesses that can provide them a good life that is far away from poverty.

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
  • 454
    View loans »
    Philippines Loans Fundraising
  • $69,733,650
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Beticia as additional working capital for her business of selling detergent and soap bars.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Feb 2, 2010
Feb 10, 2010
Currency Exchange Loss:
Feb 15, 2012