To earn a living, Pacencia buys and sells chickens. She has been engaged in this business for three years. She joined ASHI, a micro-finance institution and Kiva partner in the Philippines, in 2007. During the course of her membership, she has been noted as an excellent performer with respect to regular attendance at meetings, loan repayment and projects. She is now seeking her third loan in the amount of 20,000 PHP to purchase additional inventories of chickens.
Pacencia's dream is for her grandchildren to complete college. Additionally, she hopes to continue her business as a sustainable livelihood to support her family. She also hopes to finish the building of their new house made of concrete.
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