Cecille operates a passenger tricycle (a motorcycle with sidecar) and tends to a business making peanut butter at the same time. She started these businesses only when ASHI gave her an opportunity to acquire a loan. The businesses are a big help for her family in covering their expenses and in being able to set aside savings for the future.
Cecille is requesting a loan of PHP 25,000 to fully pay the balance remaining on her tricycle. She hopes that her business will become successful someday.
Cecille also hopes that, with the help of ASHI and Kiva, she can reach her dreams in life: sending her only son to school until he finds a job, expanding her business, and even plans to have fishing business someday. Now, she said, my dreams are almost within reach.
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