Josephine is a supportive mother and wife to her husband. Her husband Roger provides motorcycle transport services to the people in their village. They usually earn about a minimum of P350 daily and it goes for meals and allowances for the children. She hopes to keep ensuring safe travel for their passengers, so she would like a loan to maintain their business.
She is now asking for a loan of P7,000 to buy tires, mirrors and gasoline for the motorcycle. In the future, she hopes to achieve a good daily profit from the business.
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.