Visitacion is a married woman with five adult-aged children. She is 58 years old and has had a food selling business for seven years.
Visitacion sells fruits and vegetables like bananas, cabbage, tomatoes, carrots and potatoes to the people in her community. She earns approximately PHP 5,000 monthly.
Visitacion is requesting a loan of PHP 15,000 to purchase bananas, cabbage, tomatoes and carrots.
In the future, Visitacion hopes that her business as well as the general living condition of her family will improve.
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.