The couple has asked for a new loan of Php 25,000.00 as working capital for their fishing business. Maribel hopes to build their own beautiful house, expand her fishing business, and have more space for their fishing equipment. The family feels very happy with the loan that has improved their lives, and wishes all lenders the best of luck and hopes they will continue to support poor families like them.
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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