Tricycle is one of the main means of transportation of people coming in and out of the village all throughout the municipality. Marlene's husband has been driving a tricycle for hire owned by other people for 20 years now. This is Marlene's daily source of income since her farming business which was her primary business since the beginning of her membership in ASHI, can only generate income every four months. With the increasing need of her family finances her husband and their farming business can hardly sustain, they have to increase their income. Having their own tricycle to be driven by her husband, the whole of his daily earnings will go to the family because he doesn't have to pay for the tricycle rental.
Having been a very good member of ASHI in the past nine years, showing a very good performance in payment, attendance and business, there would be no doubt that Marlene will be able to do better with her present loan applied. Her dreams of giving her children better education and better life motivates her to move on and make good in her business.
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