Ludivina, 48 years old, is married and has one child. Her husband is a farmer planting rice in their field. Ludivina has shared that her child is already married, but she still need to work for future emergencies.
Ludivina is engaged in retailing; she sells various grocery items and vegetables. She also sometimes cooks dishes and sells them in their village.
She travels three times a week just to buy goods in the market to sell. She earns her daily sales by buying something and selling it the next day.
Ludivina is asking for a loan of PHP15,000 to buy a stock of groceries and vegetables. She hopes to get a higher income in retailing to sustain their farming.
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.