A loan of $475 helped to buy sacks of rice, soft drinks and assorted grocery products.

Mary Rose's story

Mary Rose M. is 28 years old, married and has four children. Her eldest is 11 years old and the youngest is 5 years old. She joined Ahon sa Hirap, Inc. (ASHI), a partner MFI of Kiva in the Philippines, to have capital to start a business. Now she is so proud that she became a member of ASHI because, aside from now being financially independent from her husband’s income, her confidence has improved as a consequence of attending weekly meetings and meeting different people. Today she is one proud mother because her earnings have helped pay for their daily expenses and the allowances of their children for going to school. Her husband is also happy because they were able to renovate their house.

This time, Mary Rose is applying for additional capital of 20,000 Philippine pesos (PHP) for her variety store. She will buy more sacks of rice to sell to her customers, as well as soft drinks and assorted grocery products. Her business plan is to earn more and increase her capital so she can have more stock to sell and earn more profit. Since rice is in demand by her customers, she wishes to increase the volume of her stock. All her goals will be achieved if ASHI and Kiva will give their complete support and trust in her capability to manage her business. In return, she will insure diligence in performing her tasks as a member and the mother of her children. Her husband and children will always serve as her inspiration to do her best in managing the business.

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Loan details