Carmen has been an active member of ASHI for almost 14 years. During her time as a member, she has experienced repayment difficulties but she has never given up and has always faced her problems. For Carmen, money is important, and she has proven that she can be trusted with a bigger loan.
As of now, Carmen is an ASHI member who has received one of the larger branch loans. She has fully repaid her previous loan and is requesting a loan of 40,000 PHP to purchase a pump boat for her fishing business. Purchasing this boat will greatly help her family increase their income and meet their basic needs. In the future, Carmen wishes that her children will finish their education and that her family will have a comfortable house and savings for the future.
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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