Sherill Jane A. is a resident of Barangay Vista Alegre in Bayombong, Nueva Vizcaya. She is now 27 years old and finished a secondary level of education. Due to financial difficulty, she was not able to pursue her studies in college.
Sherill works hard and helped her parents to earn a living until she married her husband, Darwin A.. They are blessed with a child who is Stephanie Joyce, 8 years old. Being responsible parents, they want their child to be successful someday.
With this in mind, Sherill wants to borrow PHP 20,000 from Kiva lenders as additional business capital. With the amount she wants to obtain, she hopes that her business income will be increased. That way, she will be able to earn more, little by little, for the future welfare of her family, especially for their only child.
Sherill’s husband works as a technician in Barangay Quirino Solano, Nueva Vizcaya, while Sherill is engaged in buying frozen foods that she sells in their rural village at a higher price so she can generate income. She aims to acquire more products to sell but she does not have enough capital. That is why she is asking for financial capital from Kiva. Furthermore, she will also start a hog-raising business with some of the loan she is requesting.
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.