For a hard working "Lola" (grand mother) and "Nanay" (mother), her dreams would mean nothing if not because of the support of people around the world through Kiva and if not because of their loan entrusted to her through ASHI. With that, Florenia is so thankful for the opportunity extended to her and her family. Since she repaid the whole amount she received from Kiva through a previous loan, now she is requesting a much larger amount, which she will use to purchase another pig/hog for fattening in addition to the one she has. Once it is sold, her profits will doubled, as will the capital. The pigs can either be sold alive or slaughtered to meat vendors or people around their village.
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