Ruperto is 35 years old, married and has two children. His spouse is a house keeper. Ruperto patiently provides motorcycle transportation services, for the people in his village, from Mondays to Saturdays. Sundays serve as a rest day for him and he spend it with his family.
He is asking for a loan of PHP27,000 to use for the maintenance of his motorcycle. He would like to ensure safe travel for his passengers. He will buy tires and gasoline. The other part of the loan will be used to repair existing vehicle troubles and for maintenance.
With good profits, Ruperto will able to pay his children's school expenses.
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.