Adelina is married and has eight children who live separately. She lives in San Roque. She still generates an income for her family's sustenance and does not only rely on her children's contributions.
Adelina and her husband are involved in hauling junk and other recyclable materials and reselling for a profit. They earn 10,000 PHP each month. Though it was quite difficult to be involved in this kind of business they patiently operates it for their income.
Adelina is requesting a loan for 25,000 PHP, which she will use to buy more junk products such as old newspapers, bottles, and metals to resell. She hopes to save funds to use in times of emergencies as she and her husband are getting older.
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.