Over time, she has been able to purchase a fishing boat for her husband to manage and use for fishing. Meanwhile, she is the one who sells his fish directly to people in the local community and the nearby town of Binangonan, Rizal.
The fishing business has brought happiness to Beatriz’s family. Because of its profits, she has been able to support her family’s needs. It has also provided her a way to pay for her only son’s education until college.
Beatriz is requesting a loan from Kiva lenders to purchase an additional fishing cage (fish trap) to catch more fish to sell. This will help their business grow and make more profit, which will enable her to attain her goals in life.
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