Funded

Total loan: $700
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A loan of $700 helped to buy a pump belt, tires, sprockets and motorcycle chains.


Reynaldo's story

Reynaldo is 57 years of age. He is married and has two children who are in the high school and college levels of education. Reynaldo’s wife is engaged in a retailing business, selling a variety of grocery items like powdered juice, spices, biscuits, soft drinks and canned goods.

With his determination to give a better quality of life to his family, Reynaldo found a source of income that would help him to finance his family's needs. He is engaged in selling spare parts in the market. He has been in this business for 15 years. Reynaldo wishes to extend the products he offers for his customers, but he doesn’t have enough capital to do it. Thus, Reynaldo is asking for a loan of PHP 30,000 to buy a pump belt, tires, sprockets and motorcycle chains. He hopes to maintain the business for a continued source of income.



Loan details

Loan length:

7 months
Disbursed date: March 12, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 12, 2012
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)