Elimar is 36-years-old, and married with three children. His responsibility is to give a good way of living to his family, but so far isn’t able to achieve it. This is due to the difficult living and poor economic stability plus the fact that his tricycle has poor performance. So no matter how he has tried to strive, he keeps on falling. But Elimar still has big faith and hope. He dreams to have a higher income from his transportation business and could attain this through requesting a loan of PHP 12,000 to use in the overhaul repair of his tricycle. He hopes that after providing for the needs of his tricycle, he would be blessed with a higher income.
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.