In 2007, she joined ASHI (Ahon SA Hirap, Inc.), an MFI and Kiva partner in the Philippines, with an opportunity of having start-up funds for generating income. She carefully invested loans from ASHI in her fish-selling business and it gave her a reasonable earnings. Now on her fourth loan, she requests 20,000 PHP for additional working capital for her fish-selling business. Specifically, the amount will be used to purchase tilapia, big heads, milk fish, ayungin, kanduli, and fingerlings.
As a mother, Corazon dreams of funding her grandchildren to go to school and completing their college degrees so they can find jobs for a healthier life. She also enjoys considering that the loan from ASHI and KIVA partner will change their lives and provide her family's needs.
About ASHI: Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of Grameen Bank Approach (GBA) to credit delivery to the bottom poor in the Philippines. With its outstanding achievements over the years, it has become one of the role models in credit delivery to the poor in the country.
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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