Nickson is 25 years old, married and blessed with two children. He is a van driver who travels from Aparri to Tuguegarao and vice versa. He travels this route every day just to earn a better income for his family.
With his determination to achieve a better way of living, he is requesting a loan of 35000 PHP to use for repairs and maintenance of his van and to purchase personal products such as makeup, lipstick and perfume for his wife’s business.
This source of income would increase their net income every month and improve their living. He hopes that their business will prosper through the loan requested.
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.