Funded

Total loan: $225
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Rosemarie

Philippines
Antipolo, City, Philippines / Manufacturing

A loan of $225 helped to purchase supplies to make doormats.


Rosemarie's story

As a busy entrepreneur, Rosemarie has been making and selling doormats for almost two years. Her husband, Antonio, is also an entrepreneur in the community. To build her business, Rosemarie would like a loan of 10,000 Philippine pesos (PHP) to increase her inventory of goods. She is planning to purchase additional products such as cotton, planel and other supplies. Rosemarie believes that offering a wide assortment of doormat products to customers will increase their daily income and maintain customer loyalty in the community.

Rosemarie has been a committed member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, since 2008. She is a model member demonstrating regular attendance at weekly meetings and steady repayments on previous loans.

Her dreams are to provide a better future for her family, sustain the profitability of her business, and start a savings account for her children to support them until they finish studies in college. With hard work and determination, Rosemarie is focused on improving her quality of life through her entrepreneurial initiatives and support from ASHI and Kiva lenders.

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



Loan details

Loan length:

7 months
Disbursed date: March 4, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 4, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)