Imelda is 43 years old, married, and has three children. To make a living, Imelda's spouse provides transportation services to the people in her village. Imelda usually gains about PHP 10,000 each month, and she uses it for school expenses. She aims to further improve her income.
She is asking for a loan of PHP 10,000 to buy tires and maintain the Jeepney (vehicle). This will ensure safe travel to all the passengers for the development of her income, thus providing better living conditions to her family someday.
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.