Arcely is a responsible mother and a persevering micro-entrepreneur residing in the village of Manamtam Bambang, Nueva Vizcaya. She is married to Ricardo and blessed with four children. Two are now in college and two are in the high school level. They want them to be successful in their studies and have a successful jobs in the future. The welfare of their children is the motivation of the couple to work hard.
Arcely is managing a village store while her husband works as a farmer. She is now asking for financial support from Kiva lenders to further improve her general store business. She hopes to borrow the amount of PHP 30,000 that she will utilize in purchasing more merchandise. Aside from her store, Arcely is also selling fruits and vegetables to meet the needs of their family and also for their hog-raising business. She is looking forward for the support of the lenders and always believes that “praying without ceasing” will be of great help.
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.