Isabelita operates a passenger jeepney (a small bus) and tends a home for rent at the same time. She started these businesses only when ASHI gave her an opportunity to obtain a loan. The businesses are a big help for the family in covering their expenses and to set aside savings for the future.
The couple is requesting a loan of PHP 20,000 to pay for a general overhaul of the jeepney, permit, and other spare parts for the jeepney. The proceeds of her business give her money to support the immediate and basic needs of her family.
Isabelita hopes that her business will become successful someday. She still dreams of having a durable and concrete house of her own and to save for her family’s future.
Isabelita wants to thank ASHI and Kiva lenders who are sponsoring this loan. That is one of the greatest opportunities for her to start reaching for her goals.
About ASHI: Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of Grameen Bank Approach (GBA) to credit delivery to the bottom poor in the Philippines. With its outstanding achievements over the years, it has become one of the role models in credit delivery to the poor in the country.
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