Erlinda is 52 years old. She is from the village of Calabayan Minanga. Erlinda is single, which is why she devotes herself to selling used clothes. She has been in this business for almost seven years.
Erlinda needs additional funds for her business. That is why she is asking for a loan in the amount of PHP 20,000 to buy more used clothes and bags to sell. Erlinda hopes that she can obtain her desired loan to further improve her 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.