A loan of $600 helped to purchase more stock of charcoal and increase her working capital.

Lucila's story

Lucila is a 32-year-old woman who has been buying & selling charcoal in the province of Talim Island, Rizal. She started the business 4 years ago to help her family meet basic needs as everything is very expensive and her husband’s salary wasn’t enough to sustain daily expenses. For this reason, she joined Kiva partner, ASHI. ASHI means “To rise up from Poverty”. Iin 2006 Lucila felt very thankful to obtain secured working capital and peer support to achieve her dreams.

Now, Lucila continue to run her business to generate income and financially support her family. She would like to increase her weekly income. To this end, she has applied for new loan of 25,000 Php to purchase more stock for her business and increase her working capital. Lucila has already had previous loans from ASHI and repaid them successfully therefore she is being trusted to apply for a much larger loan. As active businesswoman, Lucila would like also to explore alternate businesses to provide her family a good living.

Lucila has been dedicating herself to expand her business in order to support her dreams for her family and improve their standard way of living. She will be very responsible with her obligations and she is thankful to the people who will support the loan she is requesting. The loans have been very helpful in making her business grow further and allowing her four children to fulfill their dreams of completing college degrees and find stable jobs.

Loan details

Lenders and lending teams

Loan details