Levita is engaged in the vending business. She sells vegetables, fish and dressed chicken in their village using her three wheeled bicycle as her service. Through her business, she was able to send her children to school and have them finish their high school education. It was not easy for her to gain sufficient income for them to pursue their studies in college because she is the only one working for money to support all of them. Levita wants to expand her business and increase her products in order to gain more profit. Thus, she wants to have available a loan amounting to PHP 13, 000 to grow her rolling store business that will help her daily living. Levita is 54 years old and is already a widow. She has three children and they are living in Naguilian, Isabela.
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.