Mercedita or "Mercy," as she was fondly called in her village, has a principle in life which is "to be patient in everything you do so that you will reap a fruit of success someday". Despite of the economic crisis, she is still determined to improve her family's standard of living and to give her children a better future.
She is married to Maximo Sr. who works as a carpenter. Mercy manages a little store and sells street foods and snacks in front of their house. She also manages a hog-raising business for additional income.
She hopes to further develop her small businesses so she wants to borrow PHP 20,000.00 from Kiva. Because sending her children to school is very costly, she aims to increase her income for their education. She and her husband are doing their best for the welfare of their family.
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.