She is again applying for a loan of Php 20,000.00 pesos to buy additional fruits, vegetables, meat, fish and kitchen utensils for her food vending project and grocery products for her store. Her profit from this additional capital will be used to support the school expenses of her grandchildren. She will also save for the construction of a much more convenient store and food stall for her customers. Irene also dreams of renovating their house with the help of her husband and children. She really admires the service that ASHI and KIVA provide with poor but worthy families who are full of hopes and dreams but limited by bureaucracy. According to her, the opportunity of becoming a member of ASHI and KIVA really is a privilege that she will always cherished.
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