Estelita wants a loan of $150 to finance their passenger tricycle's daily operation since it is their only daily source of income while they are waiting for the harvest season. Some of the loan will also be used to provide for their needed farming inputs. Their tricycle is being operated alternately by her two sons Ernesto and Enrico.
Estelita is so thankful that her children are very responsible, although they have no interest in pursuing their studies any more. At times, Estelita envies her neighbors whose children were able to finish college and had the chance to seek better jobs, unlike her children, who just settled in their simple life.
Eselita believes in the golden rule, “Don’t do unto others what you do not want others do unto you.” Therefore, Estelita said, she must always be friendly and should maintain her good relationships to her neighbors and fellow men in the village.
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.
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Success!! The loan was 100% repaid