Benedicta has a store in her house where she sells basic necessities and all types of products that people use in their homes. She is requesting a loan so that she can have the funds needed to buy more food products and basic household necessities. This will allow her to attract more customers and increase her sales.
Benedicta’s business is very important because it enables her to provide better financial stability for her family, enabling them to live in a decent manner. She hopes to provide them with everything necessary to move forward against poverty.
Benedicta dreams of the best for her family: to have an expanded business and to have a happy family. She has shown herself to be hard-working and strong-minded enough to make her dreams come true and she is hoping that her business will continue to be more productive and improve the overall quality of life of her entire family.
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