They earned their living through fishing. When Teresita joined ASHI a few months ago and received her loan of PHP 5,000, she started to put up a variety store in their barangay in order to earn more income.
At the age of 60, she never stops dreaming of their future and she is more courageous right now when it comes to business because she already has experience in it. Above all, she knew that there are some people who are willing to give their trust to her and believe in her capacity. She wants to prove that she is not yet old when it comes to business and achieving their dreams.
Since they don’t have children, she focuses much of her attention on her business and on helping other people. For her second loan, she requested PHP 9,000. The loan will be used as additional capital in order to add the necessary items to her store. That way, her neighbors will not find difficulty in purchasing their needs.
Her greatest dream in life is to strengthen their relationship and if it is God's will, this variety store will turn into a mini-mart so that it will serve many people in the barangay.
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.
386View loans »