Anacita is in the business of selling vegetables and fish. Because it is her only source of income, she works really hard to make it as viable as possible. With the help of her husband, she is improving her business and thus their living standard.
In order to keep improving, Anacita is requesting a loan of PHP 7,000 to buy cabbage, squash and fish to resell. She hopes for higher income to follow.
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.