Teresa is 43 years old and married with four grownup children. She is engaged in selling foods in front of their house. She wakes up early to buy what she needs in her business. She is a very patient person. She does everything that she needs to do just to provide for the needs of her family. Teresa wishes someday to build her own stall in front of their house to display her foods, and for the comfort of her clients.
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.