Betheline, 33 years old, is from the village of Canogan, in the province of Isabela. She manages a transportation business, and her husband is the one who drives the motorcycle. To maintain the good quality of their motorcycle, she needs to repair it and change a tire. That's why she is asking for a loan of PHP 15,000. She will use the loan for the maintenance work, and to buy a new tire for her motorcycle 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.