Nolie, pictured beside the truck she plans to repair, is 48 years old and married. For the past year, she has been transporting goods, which has been a profitable venture. Nolie is requesting a loan of 10,000 PHP from Kiva to help her cover the costs of repairing her truck. This will enable Nolie to travel from one place to another to expand her work and improve 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.