Presentacion, who is 52 years old, is married with three children. She has had a fish-selling business for nearly 10 years. This business enables her to earn an income of PHP 1,000 weekly. She would like to request a loan in the amount of PHP 10,000 to purchase fish to sell such as tilapia and bangus (milkfish). She hopes that her loan request will be granted so that her business will become more profitable.
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.