Dominga works hard to earn a living. She is married and has one grown child, who is already married. Dominga has operated her retail store and vegetable stall for 20 years. She offers different kinds of vegetables and merchandise. Dominga's profit goes to medication for her husband, daily household expenses, payment of the rent for use of her stall, and maintenance of her hog-raising business.
With her determination to have viable sources of income, Dominga is asking for a loan of PHP 25,000. She will use this loan to buy different kinds of vegetables, such as cabbages, carrots, tomatoes, onions and garlic, and some merchandise to sell in her retail store and vegetable stall.
She believes that she could attain her goal through continuous financial assistance of lenders to her. Dominga hopes to use this loan to make her dreams come true.
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.