Anita is 47 years old and has four school-age children. She aims to become financially stable in order to satisfy their necessities and finance the education of her children. Due to problems and unavoidable circumstances, she is separated from her husband. Despite being a single parent, she has the strong determination to give her family a better life.
She is engaged in buying and selling vegetables in the public market to generate income. She aims to improve the business and make it more profitable in order to generate sufficient income.
In this regard, she is asking for an additional sum of PHP 15,000 buy more stocks of potatoes, carrots, beans, tomatoes, cabbages and sweet potatoes to sell. She is hoping that the loan will help her 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.