Bonifacia is 42 years old, married, and lives in the mountainous region of Isabela in the Philippines. She is engaged in selling different products from her grocery store in her community. Bonifacia is a very hardworking person who does everything for her family. She is asking for a loan of 13,000 Philippine pesos (PHP) to purchase different products such as spices, beverages and snacks to sell.
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.