Manuel, Juliet’s husband, is a construction laborer. He supports his wife’s decision to manage her own business. He believes that if his wife can procure capital for starting up her business, she has the capacity and ability to make it grow and become profitable. He knows that she is motivated by the desire to see her children happy and well-educated. Both Manuel and Juliet would like to see the children eventually graduate from college, an opportunity that they themselves did not have.
Juliet intends to purchase inventory items for her store. This will include foodstuffs, beverages, grocery items, and basic commodities.
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