Elisa is 36 years old, married, and has two children. Her two children are still studying. She aims to send her children into higher levels of education, so she is doing her best to support them in their studies.
She is a dealer of fish sauce and she has been running this kind of business for nine years. She delivers her products to three municipalities: Santiago, Diffun and Maddela. She uses her delivery truck within these municipalities to transport her products. She is grateful because through her hard work and patience she is able to increase her sales and profit.
Elisa is still in need of additional capital amounting to P50,000, due to the high cost of basic commodities and the expenses of her two children. She will be using her additional capital to buy a stock of fish sauce. She hopes that through her loan she could make her dreams come true and improve their standard of living.
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.