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A loan of $450 helped the loan fund will be use to invest in expanding her business.

Lucia's story

Lucia C. is from Barangay Buhangin, Binangonan, Rizal. She is 65 years old, married, and has seven children. The eldest is 47 years old and the youngest is a 27 years old. The couple is working hard to raise their big family.

Lucia owns and operates a general store and sells charcoal in the local community. The couple also is engaged in “kaing” making business (small baskets). She has been engaged in her businesses for over three years and earns approximately 2,500 PHP a week.

In 1997, she joined ASHI to gain access to financial services to help improve her living situation and her ability to engage in entrepreneurial business activities. She has successfully repaid a previous loan from ASHI.

Lucia is requesting a new loan of 20,000 PHP, which will be used to invest in expanding her business. This loan will be her fourth from ASHI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family. Having this loan will provide a chance to reach her dreams in life: to have a winning business, a good life, and financial means of supporting her family and funding the college education of her grandchildren.

Loan details

Lenders and lending teams

Loan details