Rosalina is 38 years old and is married to Vic. The couple is thankful because they have been blessed with three children. To generate income, Rosalina sells food around their village using her bike. She wants to have more snacks to sell, so she is asking for a loan in the amount of 10,000 PHP to buy "kikyam," (squid balls) and "kwek-kwek," (fish balls) to sell in their local community. She hopes that in the future, she will be able to improve the standard of living of her family.
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.