Roberto is 53 years old, married and has two children. He aims to upgrade their status of living and give his family a better life. As a way of gaining income, he operates his Isuzu Elf truck to be hired by his customers to deliver gravel and sand, seedlings, waste disposal and many other items. Due to financial insufficiency, he is asking for a loan of PHP 30,000.00 to buy gasoline, wheels and other materials needed for the maintenance of his Elf. Through this financial assistance, he believes he will be able to continuously use his Elf to generate income and hopes that someday he will become financially stable.
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.