Ronnah wants to support the education of her only child until she graduates from college. Therefore she has started growing her small “sari-sari” store now while Jorin Mikaela, her daughter, is still young. “Sari-sari” means a small volume of various grocery items, foodstuffs, beverages and other commodities. People tend to buy things they need from here than going to market and spending carfare. Profit gained from this business is Ronnah’s means of supporting the needs of her family. She also wants to start up a hog fattening and hog-raising business in their backyard through the loan she requests, so that her father whom she supports will have his own means to earn an income.
Looking forward to her small “sari-sari” store turning into a big grocery store which sells complete commodities through loans she can access through ASHI, Ronnah hopes to build up a savings fund to finance her dream of building their own house and living independently from her father.
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