Samuel is 41 years old and lives in Baligatan province of Isabela. He started this business seven years ago. He studied to be an electrician, which helped him to obtain his own workshop. He achieved this and carries out the role of electrician.
He is married with children and his wife manages their store. He works hard every day with great effort. In the future he longs to make his business bigger. He has difficulty with delinquent payments. With the loan he requested amounting PHP 10,000 he will buy tools and materials.
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.