Dolores is 56 years old, a widow and had three children. She is a vendor, and happily gains income from selling bananas to the people in her village. She buys bananas at wholesale, and sells them at a retail price. She earns about PHP 5,000 each month.
She hopes to buy more bananas to sell, which is why she is asking for PHP 5,000. This will help her increase her sales.
In the future, she hopes to keep improving her sales, and save for her family's sustenance.
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.