Leilanie, 29 years of age, is married and they are blessed with four children. Her husband and her have diligently established a business to earn more income for their children. As such, she has managed an auto repair shop for almost 11 years. With this business she's earning a net income of Php 7,000 per week.
She plans to expand their business so she is seeking a loan of Php 13,000 in order to purchase a compressor for their auto repair shop. She's hoping that her business will improve and become more profitable as a result.
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.