A loan of $575 helped to support her business and to purchase raw materials.

Herminia's story

Herminia has successfully repaid her first Kiva loan! With the loan she financed and sustained the increasing demand for her bamboo furniture set making business. She is very thankful for your support and the opportunity to borrow money from Kiva.

Herminia is very happy that with the loan she was able to provide satisfactory services, without delays, to her regular customers when requesting their orders. She wishes to access a larger loan to expand her bamboo set (furniture) business in order to earn more profit. Herminia thanks KIVA for providing her with the opportunity to increase her income. Your support is important to her family and they are very grateful.

Prior to ASHI, Herminia had no access to capital to support her business endeavour. She joined Kiva partner ASHI in order to follow her dream of providing a decent life for her family. From this inspiration, she took a loan and started her own bamboo set business. As she continues to take loans from ASHI and save some of her profits, she will be able to grow her business.

With the loan, Herminia has noticed that her monthly income has almost doubled since she has attracted new customers with her additional inventory of bamboo furniture.

Now she is requesting another Kiva loan of 25,000 Philippine pesos to maintain her business and to purchase an inventory of raw materials needed.

With the support of ASHI and Kiva, she is hopeful that her business will generate a steady income which will improve her financial stability and her family’s quality of life to lift them out of poverty.

Loan details

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Loan details