A loan of $1,050 helped to purchase a larger inventory of food stuffs for her store, a greater supply of frozen foods products, and more ingredients for her food preparation (ready-to-eat-food).

Purita's story

Purita is an active entrepreneur managing three ventures- sari-sari (variety) store business, frozen foods and little carenderia (ready-to-eat-food). Her previous loan from KIVA has provided working capital to expand her businesses and purchase more inventory for her ventures.

With the loan, Purita has witnessed that her monthly income has almost doubled, since she has attracted more customers with additional stock. Positive growth from her businesses has helped Purita finance the education of her children. All of them finished college and are now seeking better employment.

Since joining ASHI, Purita has experienced positive changes in her life. She uses the additional income to support maintenance of her three ventures. Purita hopes her businesses will continue to flourish so she can provide long-term financial stability for her family.

Therefore, she is now requesting another KIVA loan, this time for 45,000 PHP, to purchase more inventories of food stuffs for her store, greater supply of frozen foods products, and more ingredients for her food preparation. This will allow her to grow her businesses further so that she will able to help fund the education of her grandchildren and experience a life that’s full of contentment.

With the support of ASHI and Kiva lenders, Purita is hopeful that her businesses will provide steady income and improvements in her family’s quality of life, out from the spiral of poverty. Purita hopes that her businesses will expand, so she will have savings for future use.

As a member of ASHI for almost ten years, she has shown very good performance in her credit rating (basis of loans); therefore, she is being trusted by the institution to acquire larger loans.

The attached picture of Purita was taken December 07, 2010 with her supportive husband and her granddaughter.

Loan details

Lenders and lending teams

Loan details