Andrea lives in Barangay, Centro 1 of Angadanan, Isabela. She manages a general store in the village. She is thirty-two years old and married to Jupiter D. C., who manages a tricycle transport in their village. The couple has one daughter named Jherry Ann Faith, who is four years old.
Andrea has managed her store for about a year, and according to her, she is generating an average net income of $30 weekly that is invested in the business. Sometimes, she also saves a small amount for the future education of their daughter and future children. She is requesting a loan from Kiva lenders and she hopes that they will allow her to borrow PHP6,000 that will serve as additional business capital. She is very patient and industrious in managing her business even though she is now pregnant.
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.