Funded

Total loan: $375
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Pakita

Philippines
Antipolo, Rizal, Philippines / Personal Products Sales

A loan of $375 helped to purchase an inventory of lotion, Windscape, cologne, lipstick, underwear, powder, and supplies of rice.


Pakita's story

Pakita M., age 49, is married with four grown children. She lives with her family in the province of Rizal in the Philippines. Her husband, Secero, works a carpenter. To supply additional income for her family, Pakita is starting a business direct selling of Avon products and rice in the neighborhood. She is ambitious and determined to launch a successful business venture of her own.

Pakita would like to receive a loan of 17,000 PHP to purchase an inventory of lotion, Windscape, cologne, lipstick, underwear, powder, and supplies of rice. A dedicated member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, Pakita is thankful for secured access to capital and loans to support her entrepreneurial dreams. Her long-term goals are to build a sustainable business, fund her children’s college education, and to construct a more durable home that can withstand the flooding so common in her town. With the support of ASHI and Kiva, she is hopeful that her business will generate steady income to improve her financial stability and her family’s quality of life.

About ASHI:

Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of the 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

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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