Brigida believes that, "Patience and hard work" are the only weapon to fight poverty. She is a mother who is now 61 years old and has four adult children. She owns and manages a variety store in their village while her husband manages their farm land. She has been in this business for almost 10 years earning profits of P9,000 a month which she usually spends on the education of her children and to cover their basic necessities.
They endure hardships and difficulties for they want their children to finish their studies and earn their degree. As a fruit of their patience and hard work, most of their children become professionals and have a good job. They mentioned that this is their big accomplishment in life.
At present, Brigida aims to continue and improve the business to have a stable source of income. She is asking for additional capital of P32,000 to buy additional stocks of soft drinks, breads, candies, beverages, soaps and shampoos to sell in her variety store. She believes that this loan will help her to improve the business as she continue to work hard.
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.