Francisca describes herself as an industrious and thrifty woman. She currently lives with her father and longtime partner. She is a boyish type of person but she possesses extraordinary characteristics.
Francisca owns two motorcycle units and also works on a hog-raising business. Her first motorcycle is eight years old while her other unit is four years old. Francisca plans to buy a new side mirror and lift up her sidecar so her passengers will be more comfortable during travel, but her capital for the transportation business is not enough. Therefore, she is requesting a loan of 20,000 Philippine pesos. She believes that through this loan she can provide better quality service to her passengers and will be able to make a better income for the well-being of her family.
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.