Yolanda M. is 52 years old and a good mother to her four children. She is married to Ruben, who is a 51-year-old fisherman, and also her partner in business. Because of her perseverance and hard work, and the income from her business, she provides a good education for her children so they can finished studies until college.
Yolanda is engaged in many businesses. She has a sari-sari (variety) store, she sells fish, she has a skylab business (a motorcycle with "outriggers" to carry passengers and cargo), and a fishing net that catches fish easily.
For her fifth loan, she is asking for Php 23,000.00, which she will use Php 8,500.00 to buy fishing net, Php 7,000.00 for bamboo and rope, Php 1,000.00 for labor for their skylab business, and Php 6,500.00 to purchase of items for her sari-sari store. She is very innovative she enjoying seeing her life change. This loan will be a great help to her family as they strive to overcome poverty.
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