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Yolanda
“To work as hard as I can is one of my goals in life, because I know that as I aim to uplift the life of my family, I really have to make things to make it a reality,” Yolanda said.

Yolanda Narag is a 49-year-old businesswoman. She is married to Agustin, a furniture worker, and they are blessed with six children and another who has passed away. Their children are Imee Rose, 25, who is married and a high school graduate; Sheryll, 23, who is a college graduate and now working in Manila; Ferdinand, 22, who is in his second year of college; Richard, 19, who is an elementary graduate; Val, 10, and Ramil Jay, 9, who are both studying in their elementary grades. They live in a community where furniture making is the major source of income for most of the residents.

Yolanda is engaged in the vending business. She put up a small stall in front of their house where her customers go when they need to buy something. Some of her merchandise includes fish and meat. Her store is located beside their small furniture shop, which is managed by her husband. The couple is working hand in hand to make sure that they can provide the needs of their family and the education of their two youngest children.

Additional Information

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.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 1316
    View loans »
    Philippines Loans Fundraising
  • $56,524,250
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Yolanda to buy vegetables, meat, fish and fruits for her food stall.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2011
Listed
Sep 7, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012