Anita is a vegetable dealer in the market. She has been in this type of business for 37 years. She is now 50 years of age and still has children to send to school. She says that she will not get tired of selling vegetables in the market until her children finish their education.
Anita aims to have her own farm lot for an additional source of income for the family. She will strive to attain her goal. She wanted to borrow 20,000 Philippine pesos to buy more vegetables in the village to sell in the market. She believes that, through the loan, she will quickly attain her goal.
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.