As a loving mother, Nenita’s biggest dreams are always for her children and family. She wants to bring her family to a decent life. In 1995, she joined ASHI (Ahon Sa Hirap, Inc.), an MFI and a Kiva partner in the Philippines. She hoped to have access to capital to establish her businesses. Her previous loans from ASHI were carefully utilized as additional and rolling working capital for her fish cage and for selling dried fish products. The businesses are a big help for the family in covering their expenses and to set aside savings for the future.
To save for her family’s future and for supplementary income, Nenita wants to build new businesses: RTW (ready-to-wear clothes) and food preparation. Nenita wants to thank Kiva lenders who are sponsoring this loan. That is one of the greatest opportunities for her to start reaching for her dreams.
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