Virginia is forty years old and lives in Bagong Silang with her husband and four grown-up children. She describes herself as a hard worker and one who wants to move her family ahead in life. For about the last three years, she has been working as a housekeeper, doing all types of work.
The loan that Virginia is requesting is for the purchase of wood and other materials needed in wood lamination to allow her to do a better job. By purchasing these items, she will improve the quality of her work and have more customers. Her dream is to have her own premises to set up her carpentry shop in a better way, and to help her family financially.
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.