Luzviminda is 37 years old and married to a tricycle driver. Her husband is patiently operating their own tricycle, while she manages a piggery business. They work hard to promote their living. In helping her husband, she is requesting a loan of 8,000 PHP (Philippines pesos) to buy new tires and paint and pay for maintenance for their tricycle. Luzviminda hopes to improve her business in the future and to develop her piggery business more.
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.