Ludivina is 56 years of age, married to a farmer and has three children. She is thankful because her business improved through the impact of her previous loan.
Ludivina aims to have a stable source of income and have a better way of living. To make all her dreams come true, she is requesting a loan of PHP 50,000 to allow her to buy grocery items such as soft drinks, assorted biscuits, canned goods, eggs, instant noodles and cooking oil. She knows that through this loan, she can further improve her customer satisfaction and financial stability. So, she hopes and prays for approval of her requested loan amount to make her goals possible.
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.