Ruben is a 44-year-old married man and the father of two charming children. He has worked as a tricycle driver in his village for over ten years, long enough to realize the difficulties of life. Along with his hardships, he is responsible for his family. To develop his source of income, he is requesting PHP 12,000 to buy new tires and perform maintenance on his tricycle. Ruben hopes to further improve his business in the future in order to develop a new source of income, specifically buying and selling vegetables. Through these efforts, he could be able to raise his family's standard of living.
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.