Roselinda is 39 years old. She sells frozen food such as hotdogs, fish balls and longanisa. She is currently working so as to help her husband earn a living for their family. She usually earns an average amount of 200 PHP daily which she uses to buy food for them. She is requesting a loan amounting to 10,000 PHP to buy more frozen foods such as hotdogs. She is hoping that her usual income would increase through the loan that she has requested.
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.