Funded

Total loan: $450
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Darlene


A loan of $450 helped to purchase a motor fishing boat.


Darlene's story

Darlene M. and her husband, Raymond, are filled with hopes and dreams for their two children, aged three and eleven. Raymond is a tricycle driver (a motorcycle with sidecar, used for transportation) while Darlene manages her fishing and fish-selling business. Sometimes, the tricycle is used to provide a delivery service for the fish because Darlene has acquired customers from different villages in the town of San Jose, in the province of Antique. If she has only a small volume of fish, Darlene just sells them within their village by taking them directly to people's houses.

As well as owning their tricycle, Darlene and Raymond also have a motor fishing boat as an investment. It is managed by Raymond, and sometimes by other people in their village. Both investments were bought using Darlene’s loans through Kiva partner, ASHI, and both are a big help to Darlene in meeting her family's basic needs.

However, when Darlene thinks about her dream of educating her two children until college, she is aware that she cannot afford this on her current income. Therefore, she is looking for a larger amount of financial assistance, via a loan, in order to sustain and grow her business. She wants to purchase another motor fishing boat because she can see that her fishing and fish-selling business has the potential to generate more profit and could also give people easy access to food.



Loan details

Loan length:

25 months
Disbursed date: January 26, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: January 26, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)