Wilhelmina is 61 years old and is engaged in vegetable vending as a source of income. She has been doing this for almost 10 years, earning about PHP 5,000 every month which is not enough to cover their necessities.
She is requesting a loan amount of PHP 10,000 to buy eggplant, cabbage and beans to sell in the village. She hopes these additions will lead to growing of her income. After all, she is giving her best to create a better income and 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.