Aladin is single at his age of 39. He lives in the village of Apanay. To make a living, he manages a retailing business. He has been in this business for seven years and he usually earns about PHP 300 a day.
Aladin is now asking for a loan of PHP 15,000 to buy various grocery items such as canned goods, noodles, beverages, condiments and more to sell. He is hoping that could get the amount requested to further develop his business to progress.
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.