Just recently, Jinalyn applied for a loan from ASHI amounting to PHP14,000. This loan will be used as additional capital for the business she had been doing since the time she joined ASHI - her buy and sell fish business.
Through the opportunity Jinalyn receives from ASHI, she believes that her loan will not only enhance her business and child's education but also will provide her family a secured house.
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.
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