Cristina is 45 years old, married and living in the village of Rizaluna Cordon, Isabela. She has three children who are generally adult-aged. Cristina has been in the businesses of motorcycle transport and retail shop for almost four years. She earns approximately PHP 10,000 monthly. Cristina would be thankful if her requested loan would be approved because she would buy new wheels and sprockets for her motorcycle.
In the future, Cristina hopes and prays that she can maintain the business she manages for her children's needs and for the development and expansion of her business. In this regard, she is requesting a loan of PHP 25,000.
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.