A loan of $500 helped to purchase larger volumes of charcoal for a wholesale business.

Gaudencia's story

Charcoal is the most common means of cooking foods for the poor people living in very remote areas of the province, just like the family of Gaudencia G.. Being poor, they cannot afford to buy gas and a gas stove so they settle on using charcoal instead. Aside from its affordable price, it is also the most conveniently accessed commodity for everyone from their distant village.

Gaudencia thought of buying a large volume of charcoal for a wholesaling (by sack instead of per pack) business. In 2005, she joined ASHI and was able to receive a loan which enabled her to establish such a plan. Years have passed and Gaudencia continued to request loans of increasing amounts. With those loans, she has been able to sustain her business, and the proceeds of the business are used to support the needs of her family and in making a little improvement to their lives.

She now is 68 years old, yet she and her husband, who is of the same age, are still working hard to earn money and support the poor lives of their children and grandchildren. Gaudencia’s husband works in a rice farm as a hired laborer, but most of the time he partners with his wife in her charcoal business.

Gaudencia and husband really want to grow their business and make it profitable for their children and grandchildren, so that they can experience a life out from under poverty. Because of this, the woman would like to request a much larger loan through ASHI. With hopes of changing the lives of her children and her grandchildren in the future, she is determined to maintain her excellent performance in ASHI to be able to request for more loans in the future.

Loan details

Lenders and lending teams

Loan details