Josephine runs a stall inside the public market of Santiago. She sells onions and bananas. She is 46 years of age, married, and has two children. She and her husband both work hard in order to succeed.
Josephine has been a market vendor for 15 years. According to her, patience, dedication, and financial support are what have allowed her to improve her business. Josephine would like to have continued business improvement so that she can earn greater income, which will serve to cover all her family's daily needs.
Josephine would like to apply for a loan in the amount of 30,000 PHP, which will allow her to buy more onions and bananas for her fruit and vegetable business. She hopes for her business will grow so that she can send her children through a higher level of education.
In the picture, Josephine is wearing a yellow blouse while her Project Officer wears white and violet.
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.