Erlinda is a 52-year-old woman who does everything for her family. She is engaged in selling different kinds of vegetables and fruit. She has six adult children who help her in her business to gain profit. She has been in this business for two years, and she earns PHP 200 per day. Erlinda is asking for a loan of PHP 7,000 to buy additional products such as cabbage, squash, beans and different fruits that she can offer in their community.
In the future, Erlinda hopes that she can give her family a good quality of life.
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.