Lolita sells rice, gasoline for motorcycles, and dried fish in their own village. She chose to sell these items because they are the most salable to people, considering the village, which is very poor, lacks accessibility to any kind of transportation and the market is very far. The fare alone when buying things people need in the market is already expensive. At least with Lolita's business, people don't need to go to market for the basic things they need.
Through loans she is able to get from ASHI, Lolita wants to expand her business and sell more items for the accessibility of her neighbors and other people in the village. She also wanted to help her children and sustain the education of her grandchildren.
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