Nilda manages a buy and sell business. She has this business as a primary source of income that provides for her family economically. She has been in this occupation for more than four years and works hard to provide betterment of her family living.
Nilda is requesting a PHP 25,000 loan to buy more bottles to clean and sell for a profitable price. Part of it will be use to buy bananas to sell in the public market. Hopefully, she will achieve her requested loan in order to obtain good income for the educational purposes of her three children.
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.