Ederlina is now 54 years old and has four grown-up children. She and her husband are both farmers who live in a rural community. They aim to become successful someday in order to give their children a better living. Ederlina hopes to improve her small eatery in order to increase her income with the help of additional capital. She is asking for an additional of P9,000.00 to buy raw ingredients like vegetables, pork, chicken, fish, seasonings and grocery items to be cooked and sold at her eatery. She hopes that her loan will enable her to improve the business.
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.