Pakita would like to receive a loan of 17,000 PHP to purchase an inventory of lotion, Windscape, cologne, lipstick, underwear, powder, and supplies of rice. A dedicated member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, Pakita is thankful for secured access to capital and loans to support her entrepreneurial dreams. Her long-term goals are to build a sustainable business, fund her children’s college education, and to construct a more durable home that can withstand the flooding so common in her town. With the support of ASHI and Kiva, she is hopeful that her business will generate steady income to improve her financial stability and her family’s quality of life.
Ahon sa Hirap Inc. (ASHI) has the distinction of being the oldest existing replication of the 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