Funded

Total loan: $700
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Victoria

Philippines
Teresa, Rizal, Philippines / Manufacturing

A loan of $700 helped as working capital for a rug making business.


Victoria's story

Victoria S. M. is 65 years old and happily married. She and her husband were blessed with three children: Marivic, age 34; Jessie Boy, age 30; and Julius, age 23. All of their children are degree holders and are busy of their own professional work. Victoria is old already, but is still strong and determined to have her own source of income.

The main source of she and her husband's income is their rug making business which they have had for six years now. The rugs are crafted by sewing pieces of remnant fabric together. Once they make a small or big rug, they sell it. According to Victoria, this business gives them enough income to cover their expenses. Kiva field partner Ahon sa Hirap Inc. (ASHI) has also contributed to helping their business do well. This is the second time a loan of Victoria's has been posted to the Kiva website for funding. She hopes to use the proceeds of this loan to make her rug making business grow more. If she is able to generate greater profit from her business, she wants to save for the future of her family.



Loan details

Loan length:

14 months
Disbursed date: September 22, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 22, 2010
Facilitated by Field Partner: Ahon sa Hirap, Inc. (ASHI)