Lucita's business is buy and sell fish in the village. She has been doing this for almost two years. She usually earns about 450 PHP a day. Right now, she is asking for a loan in the amount of 9,000 PHP to buy a variety of fish such as milk fish, big heads and tilapia to resell. She hopes that she can obtain her desired loan to improve her business.
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.