Ammie is a loving wife whose husband is a motorcycle driver. They have three grown children and decent jobs. She is very happy for their achievements. They were able to send their children to school because of patience, hard work, and good income from their motorcycle transport business that they have operated for over 10 years.
Ammie would like to keep making their business profitable, and wants to borrow 33,000 PHP to buy gasoline and crude oil, and to repair their motorcycle. Part of the loan will also be used to buy vegetables to sell, supplementing her husband's income.
Ammie and her spouse aspire to become successful entrepreneurs in the transport and vegetable-vending business, leading to financial stability.
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.