Edward is still single, but he works hard because of his passion to succeed and help his parents. Edward manages a bakery business in their village. He hired two boys as his helpers in baking bread. Edward goes to the market early in the morning to buy raw materials to bake different kinds breads. In the evening, he and his helpers start to bake and deliver their bread to his costumers in different villages.
Edward admits that he is tired after his daily routine, but he still continues to work because he wants to make his dreams a reality. With regards to his business, Edward is asking for a loan of PHP 35,000 to buy flour, sugar and other raw materials used in baking breads. Edward hopes that KIVA lenders will grant his request.
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.