Aniceta is from the village of Capellan province of Isabela. She is 54 years old and married, with two adult children.
Aniceta owns and operates a specialized retail store, selling fruits and vegetables in the local community. With her vending business, she earns about 3,000 PHP a month.
Aniceta is requesting a new loan of 10,000 PHP, which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve and expand her business.
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.