Lydia is helping her husband to generate income so that they can survive their battle against poverty. Her husband manages a tricycle transport business and she is seeking funds for the maintenance of their motorcycle to continue its daily transport operation. Lydia is requesting to borrow the amount of PHP 4,000 for the motorcycle parts needed and some repairs. Sometimes, Lydia also sells different goods in their village to earn income for their basic necessities.
Lydia is married to Rodolfo M.. They has five children, some of whom are already studying. She hopes that all of them will able to acquire an education someday, and that is why Lydia and husband work very hard for the fulfillment of their dreams in life - especially for the sake of their children.
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.