In 2005, she joined ASHI (Ahon sa Hirap, Inc.), an MFI and Kiva partner in the Philippines. She was motivated to join ASHI by the hope of bringing her family out of poverty. She is a busy fish vendor in their village and in the town market. But she is getting old now to still be doing the fish vending business. Currently on her fifth loan, she wants to borrow 25,000 pesos to use in the resale business. This loan will pay for 10 sacks of rice, 5 sacks of sugar and 50 sacks of charcoal--all for resale.
With this new business of hers, she is hoping to have more time to stay at home to take good care of her parents and still keep her business. She wants to renovate their house and make it more durable.
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