"Nanay" (Mama) Lorenda is engaged in buying and selling bamboo products and charcoal. She started with only 10 sacks of charcoal. She had lots of customers such as restaurant owners, neighbors, students and employees. As of now, she and her relative share one stall, that’s why she dreams of having her own shop to display all her products since the customers are satisfied seeing her bamboo products. She is also accepting orders for bamboo as another source of income.
She perseveres to have a name in this kind of business and send her children to school so that they will have a good future someday. She also would like to establish her own shop to display all her bamboo products there. For her, ASHI is a great help for her business, providing capital and insurance for death, and business training that will mould ASHI members' lives.
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