Rosita is 55 years old, married and a responsible mother of eight children, four of whom already have their own family.
She has been selling vegetables and meat for over 18 years. Her harvested vegetables in her yards are mostly sold in the market and she uses the income to support her family’s needs, such as buying commodities and food.
She is requesting a loan of PHP 8,000 to buy seeds to plant in her yards, as well as vegetables and meat as additional goods to offer. She is looking forward to the purchased goods producing a positive result.
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.