Hannah Lou, aged 21, has had to sacrifice and be patient in order to provide for the needs of her one child as well as maintain her business in the hopes she will soon have a progressive life.
She is asking for a loan PHP 5,000 to buy fish to sell in the village. She hopes that through the success of her business, she will be able to pay her weekly amortizations and save for their future needs.
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.