Rosita C. is 56 years old and lives in Barangay Estefania Amulung, Cagayan. She is a widow who has been blessed with five children, all of whom have graduated from college and, as time and circumstances permit, help her run her small business making pancit (or noodles). All of her children are married, and three work abroad as domestic helpers.
Rosita is very proud to have responsible and hardworking children who have finished their studies and become successful, even though a poor economy has restricted their job opportunities. She is also proud of the many sacrifices she has made for her children.
Rosita has been in her line of work for 20 years. She is applying for a loan for PHP 30,000 to buy supplies such as flour and other ingredients, as well as kitchen utensils. Securing the loan will be a great help in meeting her daily needs.
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.