From Zero Assets to Multiple Resources
Yolanda "Yoly" Clemencia, 40, married to Larry Clemencia, a mother of four from San Isidro, Baggao, Cagayan started as an entrepreneur with a minimal capital.

In 1995, she opened her small store with a P3,000-worth of groceries owed from a relative. She paid this on installment basis. Her husband, on the other hand was a regular construction driver in Tuguegarao with P50 daily salary.

In 2000, Yoly became a pig breeder while her husband was hired as a driver in Philrock Company in Northern Cagayan. After a year, he transferred as a driver in Javier Construction. There had been a tremendous increase in his salary, and Yoly’s earning from the small store became better that enabled them to renovate their house.

The first loan from ASKI of P5,000 was added to the store's capital. This loan paved the way for the operation of a hollow block making business; which was financed by the second loan of P15,000.

Soon, she dealt with private contractors and became hollow block supplier to them and to the folks in Baggao. A six-wheeler truck, and a jeepney together with the old motorcycle, were utilized for deliveries.

As Yoly expanded the hollow-block making business in two construction sites, she began her hog raising business, truck rental and she purchased a 4 hectare corn field. She was able to employ seven permanent and on-call workers.

Her monthly earnings reached to P40,000, so with Larry he plans to open a welding and vulcanizing shop in front of their house. An ASKI loan will beadded to the operation of the new business.

The education of their four children is their topmost priority. Both of them attributed the business success to their harmonious relationship, careful planning, simple living, positive thinking and constant communicating with God.
The education of their four children is their topmost priority. Both of them attributed the business success to their harmonious relationship, careful planning, simple living, positive thinking and constant communicating with God.
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