A loan of $475 helped to buy sacks of rice, canned goods, beverages, soap, shampoo and other grocery products for retail.


Yolanda's story

Despite many difficulties in life brought about by poverty, 59 year old Yolanda B. never lost hope that someday an opportunity would come, as long as she believes and has strong faith. It was 1999 when Ahon sa Hirap, Inc., a microfinance institution partner of Kiva in the Philippines visited her house. She immediately joined, because she was so certain that this would be the beginning of her journey towards development. She is also encouraged by the full support of her husband, a construction worker, and their children in this endeavor. As a member of ASHI she did her best to perform well, and she has benefited. The trials and poverty that her family once experienced serves as her inspiration to work hard. Today, with the help of her husband and 5 children, their life is much better than it was before. She was able to send her children to school and to save for the future. She is applying for a loan of 20,000 PHP to finance her growing retail store. She will buy more grocery products, such as: canned goods, sacks of rice, beverages, noodles, soaps and shampoos, and other items to accommodate her increasing number of customers. She wanted to increase her profit so that she could continuously send her children to school and help her husband with their financial needs. She wanted to make money to renovate their house and to buy additional appliances. Her business plan is to build a mini-grocery for her children to manage. She is hoping and praying that ASHI and Kiva friends will support and assist her in her dreams until she reaches them.



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