Krisanto is 33 years old and dreams of becoming successful someday. He is happily married to Lyra and the couple have been blessed with one child. Krisanto is a responsible father. To support his family, Krisanto engaged in an Internet business. He has been in this business for three years and usually earns a minimum of PHP 300 a day. At this time, he asking a loan of PHP 20,000 to buy ink, bond paper and a printer. He hopes to grow and expand his 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.