A loan of $550 helped to buy supplies for her business including a fish cage, bamboo, net, and bait.

Mercedita's story

Mercedita is 51 years old, married with one son, and lives in the province of Rizal with her husband. To supply additional income for her family, Mercedita has been buying and selling fish for almost fifteen years. Her husband, Marceliano, is also involved in the fish-selling business and works closely with Mercedita in Rizal.

Mercedita would like to receive a loan to purchase additional supplies for her business, including a fish cage, bamboo, netting, and bait. Mercedita believes these purchases will increase her fish inventory and drive increased monthly revenue. A proud member since 1999 of Ahon Sa Hirap, Inc. (ASHI), a Kiva micro-finance partner in the Philippines, Mercedita has been a dedicated member demonstrating regular attendance at weekly meetings and steady repayments on previous loans.

Her long term goals are to maintain the profitability of her business, invest in a new home, and support the education of her son. She hopes that he will have children one day so she can support the college education of her grandchildren.

About ASHI: Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of Grameen Bank Approach (GBA) to credit delivery to the bottom poor in the Philippines. With its outstanding achievements over the years, it has become one of the role models in credit delivery to the poor in the country.

Loan details

Lenders and lending teams

Loan details