Tricycle Operators Get Green Light

MEET OUR CLIENTS: Bembiano Estrada Jr. and Elvis Jose Huerte A new loan program called KAYOD designed for motorized tricycle operators has gotten rave reviews by its clients. Bembiano Estrada Jr. and Elvis Jose Huerte, drivers for five months and two years respectively, are enthusiastic about the program. “I am a fisherman but I needed [...]

Tenacity in Tacurong

MEET OUR CLIENTS: Ernesto and Tessie Sunico This is a story of tenacity and perseverance. It is also a story of obtaining access to financial services at a crucial time. In 1997, Mr. and Mrs. Ernesto Sunico decided to start a small business. They rented a small stall in the public market of Tacurong, a city [...]

Snack Food Producers on the Move

MEET OUR CLIENTS: Victoria and Carlos Lim In a nipa-covered awning behind their home in Tandag, Surigao del Sur, Victoria and Carlos Lim manufacture chicharon and ampaw (popped rice) to earn a livelihood for their family. Mr. and Mrs. Lim inherited the business from Carlos’ parents and decided in 1998 to grow it with the help [...]

A Capital Idea

Teodoro and Wilma De Chavez of Batangas casually speak of their thriving business and its humble beginnings. “It was a small investment and easy to do,” shrugs Teodoro. In July 2001, Teodoro and Wilma received a loan of 10,000 pesos from a nearby rural bank, Bangko Kabayan, to help finance an entrepreneurial idea. Since then, [...]