Anacita is 42 years old. She is the wife of a farmer who owns a business buying and selling bottles as a source of income. She earns PHP 150 every day, which is usually used for daily expenses. This income is very minimal for her family, so she is requesting a loan of PHP 7,000 to buy more bottles to sell. She hopes that her loan will be a great help in improving her 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.