“Poverty is not a hindrance to success” is Nenita Y.'s philosophy of life.
Perlita is 48 years old and married to Nestor. Her husband drives their passenger tricycle from their village to the public market of Tumauini, Isabela. They are blessed with five children namely: Cherilyn – 27 years old, married, college graduate and presently working in Manila, Cleofe – 20 years old also works in Manila, Philip Mar – 18 years old still in college (3rd year), Cathel – 16 years old and senior high ,and Nestor Jr. – 8 years old and currently in grade two. They love living in the peaceful environment of Sisim Alto Tumauini, Isabela which is situated near the beautiful Abuan River.
Perlita is requesting a loan to repair their motorcycle which, along with farming, is the family's source of income.
The safety of the passenger (in the tricycle) is very important to the success of that business. “I dream to have another passenger tricycle to be operated by my son,” said Perlita. With another unit, they will be able to increase their daily income and sustain their basic needs and the education of their children.
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.