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Letty F. is 54 years old and has two children from her marriage to 47-year-old Franklin. One of Letty’s hopes is for her youngest child to go back to school and finish her studies in college. Proceeds from their fishing business managed by her husband are her main source of everything her family needs, especially her children. With the profit from the business, she has been able to purchase appliances for their house. Since they started their own business, their lives have eventually improved.

For Letty to be able to achieve her dream for her child, she has to grow their business and increase their proceeds. Therefore, she is now requesting a much larger loan through ASHI to finance her business growth plans.

Additional Information

About ASHI

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.

About Philippines

  • $7,000
    Average annual income
  • 325
    View loans »
    Philippines Loans Fundraising
  • $70,768,400
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD