Reynaldo is already 42 years old. He is married to Melinda M.. The couple is thankful because they are already blessed with one child named Rea who is now 23 years old. She did not able to finish college due to financial difficulties and early marriage. Though her daughter got married early, still Reyanldo and his wife is doing their best in order to sustain the needs of their grandson. Reynaldo aims to fulfill his family’s satisfaction by patiently maintaining his motorcycle transport with a daily route from their village to highway junction. He wanted also to borrow loan from KIVA lenders that is amounting to PHP9, 000 for the repair and maintenance of his motor vehicle used in transportation business. Reynaldo shares that the loan if granted will be of great help to his 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.