Susana sells a variety of vegetables and spices in their community. She has been in this business for 15 long years, earning PHP 5,000 net income monthly. In the future, Susana would like to see her business grow. She wants to sell not just vegetables and spices but various products such as meat and food snacks.
Susana is married with four school-aged children. She is now 40 years and believes that "life begins at 40". She chooses to venture in a food selling business to support her family's daily needs.
Susana is requesting a loan of PHP 25,000 to buy various vegetables like cabbage, squash, eggplant, and spices such as onions, garlic and ginger.
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.