Juliana is 23 years old, married, and has a child. Her spouse is a tricycle driver and offers transport services to the people in their village. They usually gain about PHP 5,000 each month, which goes for their daily meals and bills at home. She would like to increase their income and mainatin good transport services. That is why she is asking for a loan of PHP 7,000 to buy tires and oil for the motorcycle. This will help ensure safe travel for all their passengers, and will increase their income for the betterment of their 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.