Corbanga is a 64-year-old widow. She is a very patient and hardworking person. Corbanga is engaged in selling different vegetables to the people in her community. She is requesting a loan of PHP 23,000 to buy a variety of vegetables and fruits that she can offer in the community. Corbanga, at her age, still hopes to find ways to provide for her children's needs.
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.