After becoming a member of ASHI, Milagros was able to get a loan for use as additional business capital. She has had two previous loans and is now applying for her third. From her business profits, Milagros was able to pay back her previous loans on time and was also able to meet her family's basic needs. Her future hope is that her business will grow to the extent that she can afford to send her youngest child, currently in school, to college, and support the rest of her children in their own endeavors.
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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