Rosalinda is 58 years old and married with five grown-up children. Her spouse is a farmer, and Rosalinda generates income by selling fruits and vegetables in their village. She has been in the business for over a year, and she aims to further improve her proceeds. She is asking for a loan of PHP 5,000 to buy cabbages, eggplant, and tomatoes to sell. This will help improve her sales capacity and gain enough income to provide for the family's daily consumption.
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.