Rosario raises pigs and is a farmer. Aside from agricultural businesses, she is also engaged in sewing as her family’s additional source of income. Sewing is now her primary source of income. Rosario is 58 years of age, happily married to a farmer and blessed with three children. She has been keeping pigs for 41 years.
Rosario would like to achieve continuous growth of her sewing business, so she is asking for a loan of 35,000 PHP. This loan will be uses to buy yards of fabrics, threads and necessary needles. She believes that with this loan amount, she can further develop the quality of dresses she offers to her clients. She knows that this loan will enable her to earn a better income enabling her to improve her way of living and to keep her sewing business moving forward.
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.