Rubelyn engages herself in transportation and livestock businesses. She has been running her transportation business for nine years. Rubelyn is glad because her husband is supportive in improving their businesses.
Rubelyn would like to take out for a loan of PHP20,000 which will be used in the repair and maintenance of her side car and some of the amount will be used to purchase two piglets as an additional source of income. She hopes to get this loan amount so she can provide her passengers with a quality service, which will enable her to earn larger profits. This will serve to provide her family’s basic necessities and the education of her eldest child and some will be to save for their emergency purposes.
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.