Marites believes that having patience and hard work will enable them to improve their status of living. She is 37 years old and has three school-age children. Together with her husband, they agreed to continue sending their children to school and give them a bright future. Despite financial difficulty, they have a strong determination to improve their living status. She is engaged in buying and selling fruits in the community to generate income. She is asking for additional capital of PHP 10,000 to buy more stocks of fruits like pineapples, avocados, bananas, pomelo and rattan fruits to sell. Through patience and hard work, she believes that she will make the business viable and profitable.
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.