With her dreams to succeed, Edenita always find a way to achieve her dreams. Edenita is 53 years old, married and has one child. Edenita’s husband is a farmer, planting rice in their fields.
Edenita engages in a meat vending business in the market. She sells pork, chicken and beef on her stall in the market. Edenita has been eight years in this type of business and usually earns PHP 5,000 a month.
Edenita wishes to gain a greater income from the business to further support sending her child to school up to college. She is requesting for a loan of PHP 30,000 to buy additional meat to sell in the market. She believes that through the loan she is able to increase her income and will continue to send her child in school and finish college.
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.