Linda is 43 years old, married, and has five children. She sells fruits and vegetables to the people in her village. She earns about PHP 5,000 each month, which she uses to pay for school fees and allowances for her children. She is now asking for a loan of PHP 6,000 to buy eggplants, cabbages, tomatoes and string beans to sell.
Someday, she hopes to make her business expand for the overall welfare of her family.
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.