With her desire to start a business, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2008. With her first loan, she started a business making doormats. The business is going well.
Now she is about to receive her second loan of 10,000 pesos as additional capital for her business. The loan will buy 20 kilos of assorted cloth, scissors and cover transportation expenses for doormat making.
Margie hopes to make her business grow. She also dreams of sending her children to college and wants to buy a house and lot of her own.
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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