Anabella is 35 years old, married to Rommel. To earn a living, Anabella is engaged in the transportation business using her motorcycle. She has been in this business for five years and earns PHP 300 a day. Right now, she is asking for a loan in the amount of PHP 10,000 to buy spare parts and gasoline for the maintenance of her motorcycle. She hopes to improve her family's standard of living.
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.