Lilia Glory is engaged in the vending business of charcoal and feed in her community. Together with her husband, they work hand in hand to improve their way of living for their three children. Despite financial difficulty, they have a strong determination to improve their business. To make her business grow, Lilia Glory is asking for a loan of PHP 13,000 from the Kiva lenders through ASKI to buy more stocks of charcoal and feed to sell. She is hoping that the lenders will support her in this loan as it will really be of great help in 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.