Eva has been operating her fish-vending business for more than four months. To further support the needs of her family, she is patiently selling fish. For the business, she needs additional working capital to maintain it and continue earning a good income. She is requesting a loan of 10,000 PHP (Philippines pesos) to purchase a variety of fishes. She wishes for continued growth of the business to give a better way of life to her family.
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.