Linda is 56 years old and married. She is thankful because she has been blessed with two children. Linda has managed her business for 10 years now. She sells vegetables and peanuts to earn income. In her business, she gets about P1,500 weekly income. She is requesting a loan of P13,000 to purchase vegetables such as string beans, squash and boiled peanuts to resell.
Her family is her motivational guide in improving her business. She is working hard because she wants to have a better quality of life by doing something that brings in additional income that will allow her to support her family and her granddaughter, too.
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.