Pablo is 30 years old, an industrious husband and father. He is blessed with one child. To support his family, he has built and manages a cell phone accessories and repair shop. His business also provides jobs to two employees who repair cell phones. In order to pay them, he needs to upgrade his service as well as his profit.
Pablo is requesting a loan of PHP 40,000 to buy quality cell phone accessories and cell phone materials. He will save additional income for his parents and especially his family.
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.