Arcely is a hard-working woman who buys and sells fruit and vegetables. She sells in the barrio through walking and has a stand in the market every market day. She sells door-to-door in order to earn a higher income. This is for her family which is in need of higher income, most especially for her three school-aged children.
Arcely wants to expand the products she offers. To do this, she is asking for a loan of 6,000 PHP to buy fruit such as pineapple and vegetables. She hopes that it will be approved so that she may earn a higher income as well as to improve the family's living situation.
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.