Betty, 43, is engaged in fish selling as a source of income. She earns about PHP 200 per selling day. This is minimal, which is why she also put up a piggery business as an additional source of income. She wishes to improve the status of living for her family. Right now, she is requesting a loan of 12,000 PHP to buy fish plus feed and vitamins for her hogs. She hopes that her loan requests will be approved in order to obtain her dream.
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.