To supply additional income for her family, Daffodil is starting a tricycle business. A tricycle is a motorcycle with a sidecar attached, used as a public utility vehicle.
Daffodil would like to receive a loan to pay for the maintenance of it. As a member of Ahon Sa Hirap, Inc. (ASHI), a Kiva microfinance partner in the Philippines, Daffodil is thankful for access to capital and loans to support her entrepreneurial dreams.
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. Her long-term dreams are to continue to support her children and to build a stronger home that can withstand the flooding common in her area.
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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