This loan of 15,000 Philippine pesos is for hog fattening, a common business for people in her area affliction from poverty. Alicia will buy two piglets, sacks of feed, and supplements and vitamins for the piglets. She will raise them for approximately four to six months until they are ready for sale.
With the support of ASHI and its partner, Kiva she is hopeful that her hog fattening business will generate steady income to improve her financial stability and her family’s quality of life.
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