Jeaneth S. is from the lush green town of Jala-jala, Rizal. She is 39 years old and married with two children. To make a living, Jeaneth sells placenta soap and coco jam products in the village and nearby towns. Jeaneth has been engaged in her business for over 5 years and earns approximately 2,500 PHP a week. Jeaneth joined ASHI in 1996 to secure access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 20,000 PHP from ASHI, and is now requesting a new loan of 25,000 PHP which will be used to purchase additional stock of her placenta soap and inventories of coco jam products. This loan will be the sixth loan taken out by Jeaneth from ASHI. She hopes that, with the help of ASHI and KIVA field partner, she can reach her ambition of moving away under the umbrella of poverty, expanding her business, and paying for the needs of her two children in school. For supplementary revenue, she also dreams of purchasing new tricycle for her husband, Gabriel, a carpenter who also closely works with her.
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.