To supply additional income for her family, Rosalinda would like to receive a loan to start a new hog raising business. With the loan, she will purchase piglets and feed for them. She will raise them for approximately four to six months until they are ready for resale.
A new member of Ahon Sa Hirap, Inc. (ASHI), a Kiva micro-finance partner in the Philippines, Rosalinda is grateful for access to capital and other services such as savings and insurance. With the support of ASHI and Kiva lenders, Rosalinda is hopeful that her new business endeavor will provide steady income and improvements in her family’s quality of life.
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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