Eleanor is 44 years old and blessed with three school-aged children. To make a living, she helps her husband in finding money for their everyday necessities. She is in the business of buying and selling vegetables in the public market. She earns PHP 300 a day if it is market day, but if it is a regular day, she couldn’t even make her usual profit.
Therefore, she is asking for a loan amount of PHP 20,000 to buy additional goods to sell such bitter melons, pechay, cabbage, and string beans. These goods would attract more customers and would help her earn a higher income. She hopes for the further improvement of her business to continue sending her three children to school.
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.