Gloria is a very industrious mother who manages a stall in a public market. She sells meat for income. She is married to Bernard who helps her run the business. She is now asking for a loan of P10,000 to buy more pork and beef to sell. This will help increase her sales and bring in more income. Someday she hopes to become a successful meat vendor and give the best education to her two children as the only legacy she can pass on to them.
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.