Edmarie believes that as a mother and a wife, she should have her own way of earning money and not depend on her husband’s income. During her first venture in a business and all throughout the years of maintaining it since 2003, ASHI has been her great source of financial capital. Despite the struggles she faces both in matters of the business and family, through credit from ASHI somehow her worries were always eased.
At this point in Edmarie’s growing business, she would like to request a much larger loan amount to supplement her working capital. Someday she wished her food retail business to grow and have the capacity to sell wholesale. But for the meantime, the proceeds she makes from her business are saved in preparation for the expenses required by the education of her four children who now range in age from four to 11 years old. She hopes that until their graduation from college, she will be able to give her support financially and morally.
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