With her aspiration to rise above poverty, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2004. Her previous loans have been wisely spent on her store, and the business is running smoothly, her loyal customers consisting mainly of her village neighbors. Nenita is now requesting a loan of 20,000 pesos as her sixth loan from ASHI to buy five sacks of rice, one sack sugar, 20 sacks of charcoal, and groceries for her store. Her investments in her store yield sound profits which help her meet the needs of her family.
She dreams of expanding her business into a much bigger grocery store and sending her children to school up to the college level.
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.
425View loans »