Francisca, age 59, plants and harvests rice and vegetables. She also raises livestock to offer for sale. She and her husband have brought up eight children, and they want to improve their poor living conditions in order to help give their children a brighter future.
Due to her financial constraints, Francisca engages in buying and selling cull in the community in order to generate additional income. She hopes to improve this business to increase her income. She is therefore requesting additional capital of PhP 10,000.00 to buy more stocks of cull to offer for sale in her community.
She is confident that she can improve the business and make it a more viable source of income through this financial assistance.
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.