Nora is from the village of Rang-ay, Cabatuan, Isabela. She is 48 years old. Nora sells fish in the local community. She has been engaged in her business for 15 years and earns approximately PHP 700 a day from these activities.
Nora is requesting a loan of PHP 7,000, which will be used to purchase different kinds of fish such as milk fish and tilapia to sell. She plans to use the additional revenue generated to improve and expand her business.
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.