Josie is 26 years old and married. She has a business selling meat in the market. She has been running this business for six years and is able to earn about PHP 15,000 a month. She is grateful because her business is improving and all her meat is sold out immediately.
Josie is requesting a loan of PHP 25,000 which will be used to buy different kinds of meat such as chicken, pork and beef for her business. She hopes that through this loan she can improve her business by offering good qualities of meat to her valued costumers.
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.