Friday 20 October 2023

Barangay 146 Pasay City Widow Achieves Financial Success Through Microfinance with ASA Philippines Foundation


Pasay City, Philippines | via Bhal Cabrera | October 20, 2023

In a heartwarming success story from Barangay 146 in Pasay City, Divina Alapare Diola, a 64-year-old widowed Sari-Sari and Eatery operator, has shown remarkable determination and resilience by achieving financial stability through microfinance assistance provided by the ASA Philippines Foundation.

Year 2021 marked a turning point in Ate Divina's life when she was first introduced to the idea of microfinance through ASA Philippines Foundation. Initially hesitant, she declined the offer, but life's challenges and the need for a boost in her small business eventually led her to embrace the opportunity.

Through the microfinance program, Ate Divina received an initial grant of 8,000 pesos, which served as a vital lifeline for her business. What truly distinguishes her journey is her unwavering dedication to maintaining a good standing reputation with ASA Philippines Foundation. She not only paid her obligations on time but also managed to save a portion of her hard-earned income, demonstrating her commitment to financial discipline.

In just two years of active membership in the microfinance program, Diola's determination paid off handsomely. She received a substantial grant of 250,000 pesos, a remarkable achievement for someone who belongs to the marginalized sector. This significant financial boost has not only improved her business but has also provided her with a sense of security and stability that she longed for.

Ate Divina Alapare Diola extends her heartfelt gratitude and appreciation to ASA Philippines for their unwavering support and assistance. Her story is a testament to the positive impact that microfinance programs can have on individuals in underserved communities, empowering them to overcome challenges and achieve financial success. ASA Philippines Foundation's dedication to uplifting marginalized sectors has once again proven its effectiveness in changing lives for the better.

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