Elybet is 34 years old, married and blessed with three children. To generate income, Elybet is engaged in buying and selling fish around their village. She has been in her business for three years and earns about a net income of PHP 500 a day.
Elybet wants to have more fish to sell, that is why she is taking out this loan amounting to PHP 15,000 to buy "tilapia" (Philippine fish), milk fish and big head fish to sell. She hopes that she can get the amount she requested to further develop her business.
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.