Rodel is 29 years old and single. He lives with his parents at Enrile. He was not able to finish his college education, so he just got involved in a retail business to earn an income. He helps his parents acquire income for daily meals. He is now asking for a loan of 10,000 PHP to buy canned goods and eggs to sell in his store. He would like to keep generating good income from it and someday establish a larger store for additional income.
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.