Violeta is an industrious housewife who operates a fish-selling business as a source of income. Through her hard work and her business, her family’s daily needs are able to be met. But she wishes to earn more income so she can save money for future use.
Violeta is currently requesting a loan of PHP 10,000 to buy more fish to sell. This would increase her daily net sales and help her to improve their living conditions.
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.