Raquel is 42 year old and is engaged in buying and selling of fish as a source of income. She helps her husband in supporting their poor living through this occupation. With the desire to improve their poor living, Raquel is requesting a loan amount of 10,000 PHP to buy more fish and meat to sell in the market to have more income for their daily needs. She hopes to materialize it through her diligence and determination.
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.