Since the time Edna P. became a member of ASHI, a Kiva field partner in the Philippines, she has invested her loan into her rice farming business. Both she and her husband work in this business. Edna’s husband rents tricycles from other people in their village to save for his family’s daily expenses while waiting for the harvest time. Edna has a small “sari-sari” (variety) store in their village that sells the most common commodities to help her husband earn money to save for her weekly repayment to ASHI. Last year, Edna and her husband both agreed to buy a tricycle of their own so that her husband would no longer have to rent from other people. With that, income will increase, and they will have their own productive asset. Since Edna paid up her previous loan from ASHI early this year, she is requesting a much larger loan to materialize the business plan she and her husband agreed on. Through the profits they will make, Edna envisions that someday all of her five children, whose ages range from 11 to 23, including her month-old grandchild will graduate from college and have a better career. For herself, she wishes that she will be able to have money through her profits to spend on her dream of having false teeth.
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.