Felomina has been a member of Ahon sa Hirap, Inc. (ASHI) for ten years with a very good credit rating. She has been able to run two rickshaw units with her previous loans. She has also been able to send her children to school from her income, supplemented by educational loans obtained from ASHI. They've built a comfortable house with the help of her housing loans. Her ASHI membership has greatly impacted her life and the life of her family.
Felomina has developed the self confidence to venture into businesses that can help her repay her loans, in spite of her limited education. She hopes that in the future her children will finish their studies and land good jobs in order to avoid the hardships she has experienced.
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.
387View loans »