In 1995, Amalia joined ASHI (Ahon Sa Hirap, Inc.), an MFI and Kiva partner in the Philippines. She and her husband have been partners in their business since the time they first had access to capital. For the almost nine years of her membership, they have ventured in fishing since they have a fish cage (a small fish trap). They deliver fish from their fish cage into markets with their regular customers.
Now on her 8th loan, Amalia is requesting 19,000 pesos as additional capital for their current business. She is optimistic that her business will grow and will expand the size of the cage and be sustainable. With the profits she gets from her business, she dreams of savings for their future.
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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Success!! The loan was 100% repaid