Adelaida is a woman of strong determination. She wants to give her family a better standard of living. She is 30 years old and married to Joji, a tricycle (three-wheeled vehicle) driver. They are blessed with two children. The eldest is Jeana Jodel, the second is Dan Justine. Adelaida is happy with her children and does not plan to have another one due to the economic situation. With their simple livelihood, Adelaida is aiming for a successful life someday.
She is requesting a loan of PHP 40,000 to be used to maintain and repair their passenger tricycle. In addition to their passenger business, Adelaida is also managing a farm and a store in the community. She hopes that her loan will be granted since the school year is fast approaching and they have to save for their children's school allowance.
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.