Daisy is 46 years old, married and blessed with two children. They are currently residing at the village of Namnama. She owns and operates a vegetable vending business where she sells cabbage, eggplant, tomatoes, squash, and string beans. Daisy has been in this business for almost 10 years, she's earning a net income of PHP 10,000 a month.
She would like to acquire a loan amounting to PHP 40,000 to purchase vegetables to sell. According to her she also sells grocery items for additional income. Daisy hopes to have her loan 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.