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Nelly is 50 years old and is married to Norberto. This couple has two children, both of whom are dependent upon their parents. The children are aged 13 years old and 11 years old. Nelly and her husband work hard but their income is very small and they didn't even have capital to start up a business.

In 2003, Nelly heard about ASHI. Her dream of having a stable life with a stable house and to start a business became possible. When she received her first and succeeding loans from ASHI, Nelly started her own business of a fruit stall in the local community. It has been a few long years now that she has had this kind of business. The fruit stall has been a great help to her family. As a busy entrepreneur, Nelly also embarked on a tricycle (motorcycle with sidecar) transport business. Her husband manages this business.

However, the demands of her family grows as the years go by. So, she now aspires to have another business that can add to her present income in order to have bigger profits and more savings. She came up with the idea of operating sari-sari (variety) store. It has been a great success! Nelly earned a good income and she wants to have more investment in the sari-sari store. For her 12th loan, she is proposing a new loan amounting to PHP 40,000.00 to expand her three ventures. The loan fund will specifically be used to purchase an inventory of groceries for her store, more stock of fruits to sell, and support the maintenance of their tricycle.

With this kind of business, Nelly can still manage her previous fruit stall business because either she or her husband can operate their sari-sari (variety) store at home. Someday, as her income increases, she dreams of funding her children’s education until they each complete a college degree and have professional jobs in the future. Her greatest dreams are of lifting her family out of poverty and to have happy living.

Additional Information

About ASHI

Ahon Sa Hirap, Inc. has the distinction of being the oldest existing replication of Grameen methodology for delivering credit to the poor in the Philippines. With more than a third of the nation’s 90 million Filipinos living below the poverty line, ASHI was established with the vision of helping to alleviate poverty in the Philippines. Translated from Tagalog, Ahon Sa Hirap means “to rise above poverty.”

Empowering women dedicated to supporting their families through hard work and dedication, ASHI lends 100% to women and specifically the bottom 50%, so the “poorest of the poor.” In addition to general business loans, ASHI also offers educational loans, house repair loans, savings funds, and social development programs for its members. ASHI is committed to translating its social mission into practice.

About Philippines

  • $7,000
    Average annual income
  • 328
    View loans »
    Philippines Loans Fundraising
  • $70,796,875
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Nelly to purchase inventory of groceries for her store, more stock of fruits to sell, and to support the maintenance of their tricycle.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Dec 9, 2010
Dec 10, 2010
Currency Exchange Loss:
Dec 15, 2012