Nora is 49 years old, married to a tricycle driver and blessed with two children. They are currently residing at the village of Rang Ay. She has managed a fish-selling business for almost 20 years. From this business, she's earning a net income of PHP 10,000 a month. She would like a loan of PHP 20,000 to purchase 40 kilos of fish. She's hoping that her requested loan will be granted to be able to gain more income.
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.