Natividad, 60 years of age, is married to a farmer and they blessed with 11 children. Some of their children are already married. They are currently residing in the village of Villa Concepcion.
Natividad has been selling fruits and vegetables in their village for almost 15 years and she's earning a net income of PHP 6,000 per month. She would like to avail herself of a loan amounting to PHP 15,000 to purchase a bicycle with a side-car for use in selling fruits and vegetables. She's hoping that her requested loan will be granted, so that she can gain more income for their better future.
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.