Check out some available loans that are similar to this one!
A hard-working entrepreneur, Evelyn has run a busines buying and selling frozen foods for almost five years from Antipolo in the province of Rizal, earning a reasonable weekly profit. Evelyn’s main challenge has been having a small stock due to the hindrances of small working capital to put into her frozen foods venture.

In 2005, she joined ASHI, a Kiva partner in the Philippines, and is very grateful for secured access to capital and other services such as savings and insurance. This loan amounting 30,000 Php is to help Evelyn buy frozen food products to increase her stock to match her customers’ demands in the local area. She thinks that commercializing her business and expanding it will enable her to earn more revenue and be able to pay school fees for her three children and cater for other family needs. With access to additional working capital from Kiva supporters, Evelyn is hopeful her dreams of sending her children to a university to complete college degrees will be achieved. Evelyn’s wishes to give her children a brighter future fuel her dedication to her business.

Additional Information

About ASHI

Ahon Sa Hirap, Inc. has the distinction of being the oldest existing replication of Grameen methodology for delivering credit to the poor in the Philippines. With more than a third of the nation’s 90 million Filipinos living below the poverty line, ASHI was established with the vision of helping to alleviate poverty in the Philippines. Translated from Tagalog, Ahon Sa Hirap means “to rise above poverty.”

Empowering women dedicated to supporting their families through hard work and dedication, ASHI lends 100% to women and specifically the bottom 50%, so the “poorest of the poor.” In addition to general business loans, ASHI also offers educational loans, house repair loans, savings funds, and social development programs for its members. ASHI is committed to translating its social mission into practice.

About Philippines

  • $7,000
    Average annual income
  • 356
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD