Divina is a 24-year-old mother of two children. She is married to Jonard, and the couple is working very hard to somehow improve their poor living conditions in the village of San Pablo Alicia, Isabela.
Her husband manages their rice field while she is busy selling salted eggs or red eggs. She started this business to help her husband in providing for the needs of their family.
Due to lack of financial capital, she decided to ask for a loan of PHP 6,000.00 ($125) for her business to grow. Divina promised to use it wisely and do her best for the success of her business.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.