Funded

Total loan: $175
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Rowena

Philippines
Ilagan, Philippines / Food Production/Sales

A loan of $175 helped buy fish in bulk.


Rowena's story

Rowena, 33 years old, is a mother of three children (Alvin, 15; Esterika, 8; John Paul, 5) and the wife of Arnel, a tricycle operator. They are living in the urban area of Barangay Compania Tumauini, Isabela.

In order to support their family’s needs, Rowena engaged in "bangus" (milkfish) and barbecue selling. She has been in this business since 1998 and it is really her dream to make her business grow. However, her weekly gross income of Php2,500 is just enough to maintain her business and provide for the family's needs. Rowena applied for a loan of Php8,000 to buy a large volume of milkfish and maintain her barbecue business. She believes that if she could properly use the money in her business, her dreams of a successful business and the realization of her children's college education will all come true because she will be able to earn more profit and save more.

Rowena said that she has to sacrifice and be patient in order to maintain her business so that they will have a progressive life someday. Through the success of her business, Rowena is able to pay her weekly amortizations and monthly bills. “The financial assistance to be given to us is of great help to those people in dire need like me," she added.



Loan details

Loan length:

8 months
Disbursed date: November 14, 2008
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 14, 2008
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)