As a caretaker, the income of her husband is not sufficient to meet the needs of her family. Then came the idea of joining ASHI (Ahon Sa Hirap, Inc.), an MFI and KIVA partner in the Philippines, in 2005. She was given hope and opportunity to have access to capital, so she started her canteen (outdoor cafe) businness. The business went smoothly and brought them good proceeds. Currently, on her eighth loan, she proposes the amount of 45,000 pesos as additional capital to purchase stock and renovate her canteen.
She hopes that, with the help of ASHI and KIVA, she can reach her dreams in life: sending her children to school until they find jobs, expanding her business, and even plans to have an internet cafe someday. Now, she said, my dreams are almost within my reach.
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.
442View loans »