A loan of $325 helped business Capital.


Elena's story

“Hard work is the key to successful living,” says Elena.

Elena is a responsible mother and entrepreneur who lives in Barangay Bonfal Proper Bayombong, Nueva Vizcaya. She is married to Vicente and they are blessed with three children. The eldest is now in secondary level education and the two youngest are in elementary level education. Because of financial difficulty, they are struggling to earn a living and to support the studies of their children.

Vicente is a farmer, and he plants a variety of vegetables twice a year. Elena is engaged in managing a general store. She acquires her products from Nueva Vizcaya Agricultural Terminal (NVAT) and sells them at retail prices. She is requesting to borrow PHP 15,000 as additional working capital for her business. She hopes that with help from this loan, she may further provide for much of their household’s expenses and for the studies of their children.



Loan details

Loan length:

7 months
Disbursed date: May 8, 2009
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: May 8, 2009
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)