Bienvendia has been a member of ASHI for two years. As a member, she maintains her good performance in repayment and attendance because she does not want ASHI and its field partner to lose their trust in her.
Bienvendia has requested a loan of 20,000.00 PHP, which will be used as a down payment for a motorcycle. This motorcycle will help decrease the family's expense for transporting their child to school. It could also give them additional income. Bienvendia will also invest some of her loan as additional capital for her variety store.
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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