PhilippinesRetailFunding via SEED Center Philippines Inc.
PhilippinesClothingFunding via Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International
PhilippinesServicesFunding via Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International
The main source of their family income is their rug-making business which they have been involved in for twelve years. The rugs are made by sewing together pieces of fabric remnants to create both small and big rugs. According to Rustica, this business gives them enough income for their expenses because they persevere in making rugs everyday.
Kiva field partner Ahon sa Hirap Inc. (ASHI) contributes a lot to why their business is now doing well. This institution helps them make their life much more comfortable than before. Now, requesting her fourth loan from ASHI, Rustica wants to use the loan to make their business grow more. If ever her business gives them more profit, she wants to save for the future of her family, especially her grandchildren. Rustica wants them to complete their studies through college. This is one of her life's dreams.
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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