The main source of their income is Felicema’s variety store and also her food preparation business. Although her daughter gives her money from her salary, Felicema wants to pursue her business because this business gives them enough income for their daily expenses.
Now, Felicema will use her loan received from Kiva field partner Ahon sa Hirap Inc. to buy things that are needed in her two businesses. For her variety store she will buy rice, sugar, soap, canned goods, shampoo, cigarettes and other groceries. For her eatery she will buy different ingredients because she wants to diversify her menu.
Felicema swears that she will do everything to make her business grow, and for her family to experience a sumptuous way of living. She wants to help the family of her children.
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