Blancaflor is 45 years old, married to a tricycle driver named Roberto and they have three children. To make a living, her spouse provides motorcycle transport services to the people in their village while she raises hogs to sell. Together, they generate income to sustain the needs of their family.
Blancafor is aiming for a more profitable business and that is why she is asking for a loan of PHP 13,000 to buy gasoline for the motorcycle and buy hog feed and medicines for sustainability. Additional capital will maintain the businesses and help achieve more profits.
Blancaflor hopes to achieve good profits and earn enough to pay for the education of her children.
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.