With her husband’s income alone, Consolacion’s dream of giving their children a better life is impossible. Therefore, together with her supportive family, she joined ASHI just recently so that she can request a loan which she will use to start up a small business raising pigs.
The nature of this business is that either you will slaughter the hog or you will sell it live after four months fattening. The larger the volume of hogs sold, the greater the profit. However, starting up with a small amount of capital, Consolacion would still be happy to see her small profit responding to her family’s basic needs.
With ASHI and its partner Kiva, Consolacion believes that someday her small business will grow and its profit will sustain the education of her children until they graduate from college.
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.
387View loans »