Adelina, 60 years of age, is married and they are blessed with eight children.
She has owned and operated a vulcanizing shop in their village for almost 22 years. With this business she's earning a net income of Php 1,000 a week. Due to lack of capital she's requesting a loan from those generous lenders amounting to Php 25,000 to purchase interior tires for her business.
She's hoping that her requested loan will be granted so that she can better expand and improve her business.
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.