Arnolfo, aged 48, believes that, "if there is persistence, there is movement". He is a hardworking father who wants to provide for all the needs of his three children and his loving wife. Arnolfo has devoted himself to his job (electrician) in their municipality. He is very friendly, approachable and kind, qualities that cause people to like him very much. He is also a very good electrician who offers inexpensive services. Even with his low income, he is already happy. However, his family triggers him to earn a higher income, especially with his three children already in school.
Arnolfo needs to become accountable and responsible. To make a viable income, he is requesting a loan of PHP 50,000 to purchase electrical equipment such as a new tester, pliers, wires, a long nose cutter and a circuit breaker. This would enable him to offer accurate and fast service. As a result, Arnolfo could offer high quality, accurate and additional household services within a day. He hopes that his requested loan will be approved.
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.