Maxima, 59 years old, is married and blessed with three children.
For almost 20 years, she's been selling vegetables in their village. She is glad that she can earn a daily income of PHP 300.
Maxima wanted to make her business more progressive, so she is borrowing a loan of PHP15,000 to purchase more vegetables to sell. She is hoping that her business will grow and become profitable.
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.