In 2008, along with the aspiration she had in her heart and mind, G. joined ASHI and requested a loan to start her own hog fattening (pig raising) business and to support her husband’s fishing business. Proceeds she had then have enabled her to pay back on time the total amount she had borrowed. Now ASHI and its partners trust her even with a larger loan. Most importantly, she has started a business, which will be a great source for financial assistance in reaching her dream. Now, with a much larger loan, she will be growing her business and her husband’s business.
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