A loan of $475 helped to fund the needed materials for her business.

Merlinda's story

Merlinda is very happy that, with the loan from ASHI, a first Kiva field partner, she is able to provide satisfactory services to her regular customers by fulfilling their orders without delay. She wishes to access a larger loan to expand her handicraft business so she can earn more profits.

Prior to ASHI, Merlinda had no access to capital to support her entrepreneurial dreams. She joined ASHI to follow her dreams of providing a decent life for her family. To fulfill this inspiration, she took out a loan and started her own handicraft business. As she continued to take loans from ASHI and save some of her profits, she was able to grow her business. Many souvenir shop owners visit Merlinda's village to purchase her products. Other customers are Overseas Filipino Workers (OFW) wanting to buy presents for their colleagues abroad. With the loan, Merlinda has noticed that her weekly income has almost doubled since she has attracted new customers with additional inventory.

Now she is proposing another loan of 20,000 Philippine pesos to support maintenance of her business and purchase inventory of raw materials needed for her handicraft. With the support of ASHI and Kiva, she is hopeful that her business will generate steady income to improve her financial stability and her family’s standard of living and support the education of her 2 children until they are complete degree holders.

Loan details

Lenders and lending teams

Loan details