Nicolas served as one of the Barangay (district) secretaries in their village at Purok 2 (district 2), Cabaruan Naguilian, Isabela where he lives with his family. He is now 57 years old and married to Rufina with whom he has six children.
Arnel, the eldest, is 29 years old; next is Jesus, 27 years old; Cherrylyn is the third, 25 years old; fourth is Lovelia, 23 years old; Nicolas is fifth, 21 years old; and the youngest is Luis who is 19 years old, and he is a high school graduate. Nicolas is very happy that almost all of his children are already working though they are not all graduated with a college degree. He hopes that their success will continue with the help of our God above.
Nicolas joined the Kiva lending program because he wanted to maintain his services to his co-villagers. Nicolas is an electrician and he repairs electrical problems that occur in their neighborhood.
At present, he is requesting a loan of PHP 4,000 to purchase some needed materials in electronics which are very beneficial to his work. Moreover, some extra amount will be used to start a barbeque and fish-ball vending business in order to have extra income aside from being an electrician. He hopes that his business endeavor will grow and hopefully it will help them to have a more successful life in the future.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.