Herminia P. is a 41-year-old mother of three. Her husband, Rolly, is a farmer. Herminia has been in business since she was a child. She joined ASHI (Ahon Sa Hirap, Inc.) to get access to more capital for her sari-sari "variety store" store. Her business has had to be put on hold at times due to insufficient funds for the operations of her business as she finds it hard to obtain credit. She will use this loan to buy assorted foods to maintain her regular customers. She wants to expand to a bigger store in the future so she could stock in bulk in order to take advantage of discounts and earn more income. She hopes to save for the education of her three kids. She is thankful to the lenders for helping her realize her dreams.
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.