Manelyn is a 27-year-old mother who was gifted with two siblings. She and her husband help each other in generating income to satisfy their needs and finance the education of the children. She raises fingerlings to earn additional income. She aims to raise more fingerlings, but she does not have enough capital. Therefore, she is asking for a loan of 10,000 Philippine pesos to buy feed and additional fingerlings to raise. She believes that this loan will help her improve the business. She is hoping that she will have high production and income to satisfy all her family's needs.
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.