Editha is 50 years old and has been in the business of buying and selling vegetables. The 15 years of operating this kind of occupation serves as her instrument to uplift their poor living condition. Despite her age, she pursues her business to achieve success in financial matters. She is requesting a loan of PHP 15,000 to buy a variety of vegetables such as potatoes, cabbage, squash, string beans, bitter melon and camote tops. This will be a big factor in further improving 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.