Elinette, 42 years old, is married to a personal driver. They are currently residing in the village of Culing Centro with their two children. Elinette has owned and operated a retail store for almost 11 years, and with this business she earns a net income amounting to approximately Php 5,000 every month.
She is requesting a loan of Php 25,000 to purchase breads, canned goods, noodles, biscuits, and beverages. She also has a livestock business, raising some hogs and chickens for an additional source of income. She's hoping that her requested loan will be granted so that her business will become more 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.