Mansueta, 50 years old, is from a village in the mountainous region of Isabela. She is married with two grown children. She is engaged in selling products like drinks, snack foods and spices in her sari-sari store (community-based store). In order to sustain the needs of her family, she is asking a loan of PHP 15,000 to buy canned goods, spices and drinks for her store. She hopes that someday she can give her family a quality life.
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.