PRODUCTS AND SERVICES
Loans are carefully designed so members can readily pay back on time. Credit discipline is encouraged and commended among members to enhance their sense of honor and dignity.
TYPES OF LOAN
* General Loan
This loan is for income-generating activities of all active members who are conscientious about their obligations. It can range from a minimum of
five-thousand (5,000) to one hundred thousand (100,000) with loan term choices.
* AGAP Loan
This loan, which includes insurance and marketing assistance, helps poor farmers and fishermen in ASHI-covered areas. The Farmers Enterprise Program (FEP) and Farmers Livelihood Resiliency Program (FLRP) were introduced in partnership with local government units and private institutions and companies.
* Quick Loan
This income-generating loan can be used only on a cash basis for such short-term business opportunities as fiesta sales, trade fairs, export orders, etc.
It is available to all active members with outstanding credit rating during the 3rd cycle of the current General Loan ASHI-1.
* Incentive Loan
This loan is intended for house or toilet construction or repairs, electrical or water connection, and immediate family’s school expenses such as tuition and miscellaneous fees, uniform, school supplies, etc. It is available to all active, conscientious members during the 2nd cycle of the current General Loan for ASHI-1 members.
* Special Loans
This loan can be availed of for all types of personal household needs, SSS/PhilHealth premium, family emergencies, and center hall construction and improvements. It comprises five types: 3K Loan; SSS/PhilHealth Premium Loan; Emergency Loan; Resiliency Loan; and Center Loan.
ASHI’S members are encouraged to save for the future. They may withdraw their savings deposited with ASHI as the need arises.
TYPES OF SAVINGS
* Compulsory Fund
Regular savings deposited with ASHI, including the members’ contribution during the Group Orientation Training Program.
* Branch Fund
Regular weekly savings from the branch’s members intended for such activities as a branch’s anniversary or general assembly meeting. This fund is kept in a separate bank account under the branch’s custody.
* Center Fund
Regular weekly savings from the center’s members intended for such expenses as center hall beautification and allowance for leaders at monthly meetings with its branch.
* Personal Fund
Regular weekly savings that can be deposited with ASHI by a member at any time, either for payment to ASHI or for personal use.
ASHI enrolls its members in an insurance program which guarantees that their family will receive compensation should any untoward event happens.
ASHI continuously conducts various training programs for its members whether it is for personal, social, spiritual and business development as they grow their businesses; they are given financial literacy and business management training to ensure that they are equipped with the necessary skills.
Care for the environment is also a concern that is developed with ASHI members.
ASHI’s main constituents, called “nanays”, are the poorest women in its service areas which are referred to as branches. Each branch operates 30-50 centers.
In recent years, the same loan access has been extended to farmers and fishermen through the ASHI Grameen Agricultural Program (AGAP).