She plans to utilize this loan of 25,000 Philippine pesos (PHP) to expand her hog-fattening business and variety store and to continue to be involved in other businesses for supplemental profits. This loan will be used to support the maintenance of her hog-raising and pay for inventory for her store. She believes that her business will help her family to rise up and fight against poverty.
During her eight years as a member of ASHI, Myrna has shown very good performance with her group mates and center. Having this loan will enable her to finally achieve her dreams in life: to have a successful business, to fund the educational needs of her children until they finish college and to have a better life and a happy family as well. She is very thankful to ASHI and Kiva for the continuous support of 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