Brigilda is a 39-year-old woman who sells various products in the community located in the village of Burgos, province of Isabela. She has ten years of experience in this field. Brigilda is married and has two grown-up children. Her monthly income from this business is PHP 3,000. The types of products she sells are very popular and in high demand. She would like to expand her business and purchase more items and diversify the products she sells. For this purpose she applied for a PHP 15,000 loan. She has already demonstrated herself to be a good client with a positive credit history.
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.