Funded

Total loan: $1,025
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Sylvia

Philippines
San Jose, Antique, Philippines / Food Production/Sales

A loan of $1,025 helped to buy large volumes of peanut and cashew nuts to sell.


Sylvia's story

Sylvia L. is one of the very active members of ASHI. She is 50 years of age and is blessed with four loving and supportive children whose age range is from 11 to 24 years old. Despite poverty and a difficult way of surviving, Sylvia still feels happy and courageous because of the love and inspiration her husband (named Joyce) gives her all the time. He works as a village policeman and is receiving a small honorarium every month. They would not have been able to cover the expenses of their children if not for Sylvia’s small business. She joined ASHI, a Kiva field partner in the Philippines, and thereafter she had the opportunity to request loans which enable her to support and grow her sweetened-peanut and sweetened-cashew nut-selling business.

Sylvia started with this business by selling the nuts herself in the market, but she was making only a small profit. Her customers were not as regular as before and were not purchasing large amounts of her product. After several times of receiving loans in increasing amounts through ASHI, Sylvia’s volume of production increased and her business became capable of supplying the demands of her customers.

She wants to expand even further, especially now that she is supplying three stall owners in the market who sell “pasalubong”, which in the English language means a souvenir or homecoming present (a Filipino cultural tradition). Consequently, Sylvia would like to request a much larger loan this time from Kiva through ASHI.

The proceeds from her business will be spent for her children’s education, which is the only reason for her continued determination. Sylvia believes that through her business the lives of her children will be different from hers and her husband’s.



Loan details

Loan length:

25 months
Disbursed date: February 1, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: February 1, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)