With her desire to overcome poverty, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2005. Her previous loans were used as starting and rolling capital on her resale business. She has been doing the business for five years already. She is happy of the income the business brings her. She is so industrious to sell her products on their village. She already has regular costumers and she also receives orders. She buys her stocks on bulk and resale it.
Now she proposes a loan of 40,000 pesos as additional capital for her resale business. The loan will be used to pay for beauty soap, herbal coffee, lotion, grape seeds, prime juice, fit and right and other products. She aspires of bringing her family out of poverty. To send her children to school until college until they find jobs. Also to expand her business and dreams of having a space in the market in the near future.
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