A loan of $450 helped to purchase fiberglass, fishing net, materials for the boat, and to pay transportation expenses.


Gloria's story

Gloria C. is a 50-year-old woman who is married and blessed with two children. She and her family are currently living at Sitio Masikap, Jala-jala, Rizal, Philippines. She is a woman of strong faith to conquer all challenges to achieve her dreams. In 2006, Gloria joined ASHI (Ahon sa Hirap Inc.) a micro-finance institution and Kiva partner in the Philippines. As a member of the Institution for almost four years, she has shown an excellent performance in her credit rating (the basis of loans) and therefore she has been trusted by ASHI to obtain several loans. Gloria has operated a variety store for almost five years but, because of insufficient income from her retailing of small goods and her husband’s earnings, the couple has decided to start a fishing business. She is requesting a new loan of PHP 20,000 to purchase fiberglass, fishing net, materials for the boat, and to pay transportation expenses. Engaging in this kind of business will help to provide additional proceeds to give the best of life to Gloria’s family and develop their standard of living. Gloria dreams of growing her variety store into a mini-grocery store and expanding it in their barangay (village). 
She also dreams of owning more fish cages to raise more fish to sell. She hopes that both businesses will be the source of stable income to sustain the needs of her family and to send her two children to school until they complete a degree. Gloria’s greatest dreams are to get out of the spiral of poverty and live happily ever after.



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