Florida is 43 years old and is married to Benny, a father who works as a foreman. While Florida keeps busy managing their food selling business, primarily selling frozen foods, the couple are both working hard to boost the family income and to lift their children from living poor. Florida has been engaged in her business for 12 years and earns a maximum of about PHP 1,500 a week. Right now, she is asking for a loan in the amount of PHP 30,000 to purchase hot dogs, "langgonisa" (sausages) and "toccino" (bacon) to sell. She hopes that with the help of this loan amount she will reach her desired net income and be able to save for their 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.