Janet is a responsible housewife who always supports her husband in generating income for the sake of their family. She is engaged in buying and selling fruits and vegetables in the Public Market to generate income. Due to the high cost of commodities and school fees, she aims to improve the business and increase her income to continue supporting the education of their two children. They want them to finish a degree so they will be employed someday. She plans to acquire more fruits and vegetables to sell but she has inadequate capital. Therefore, she is asking for PHP 15,000 to buy more stocks of carrots, potatoes, cabbages, beans, cauliflowers, onions and garlic to sell. She believes that this financial assistance will enable her to improve the business. She hopes that she will be successful and financially stable in the future.
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.