Avelina is 52 years, married with six children, and lives in the province of Isabela. The people there raise animals and do farming. Her husband works as a farmer, and the house they live in is their property. Avelina works as a furniture maker. That's why she is asking for a loan of PHP 12,000 for her furniture. Aside from the furniture business, she raises chickens and pigs, which she sells in the community. Her goal is to grow her furniture business.
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.