Through previous loans she’s availed, she utilized them in her fishing business. The profits she will be getting will augment her husband’s income, who is a fisherman and fish vendor, and as soon as it grows, she will be able to support her children’s education until they are finished college and provide other needs in order to enjoy the gifts of life. By then, her role of mother will be fulfilled.
Her membership in ASHI and the loans she has had since she became a member assisted her in operating her fishing business. Because of this, Wilma has performed very well in her credit rating (basis of loans), thus making her qualified for a higher amount of loan.
Wilma is very glad to be a Kiva borrower and says thank you for offering financial support to her business 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.
1148View loans »