Arlene is 36 years old. She is married to Danilo, who helps her in her business. She make nipa huts for sale. She usually earns PHP 300 a day. She is now asking for a loan of PHP 6,000 to buy more nipa to weave. She needs to purchase more nipa to increase her sales, which will enable her to improve their poor living condition.
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.