Erlinda is 44 years old, married and has six children. Her spouse is a 'tricycle' driver. To add to her spouse's income, she sells dried fish to the people in her village. She offers her products on a house-to-house basis and earns P8,000 monthly. She is now asking for a loan of P10,000 to buy more dried fish to sell.
Erlinda hopes to keep achieving good sales from her business and earn good profits for her family's future expenses.
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.