Carolina is a 52-year-old married woman living in the Philippines. She has three children. Carolina's spouse works as a driver in their community.
Carolina is engaged in a business of raising chickens for sale and she offers dressed chickens too. She has been in the business for over 20 years and she earns approximately PHP 3,000 monthly.
Carolina is requesting for a loan of PHP 7,000. She plans to use this loan to have additional revolving capital to purchase feed for the chickens.
In the future, Carolina would like to strengthen her business in order to provide a better living for her family.
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.