Benita, 53 years of age, is married to a driver. They are blessed with two children. Benita rents gowns in their village. She has wedding gowns, party gowns, and ordinary gowns in her boutique. She has operated her rental business for almost 27 years. Her monyhly net income is 6,000 PHP. She's asking for a loan for 18,000 PHP to purchase additional gowns to rent. Her loans in the past have been extremely helpful in providing her family's daily needs. She hopes that Kiva lenders will continue to support her.
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.