Dante is a hard-working spouse and responsible father to his four children. According to him, income gained from vending of vegetables and from his variety store goes toward their daily necessities and allowance and school fees for his youngest child. With his determination to get ahead of life and obtain a viable source of income, Dante decided to request additional capital of PHP 10,000 from lenders so he could attain his goals in life.
Dante will use the loan amount in buying grocery items such as cases of soft drinks, assorted biscuits and raw meat. He knows that his own success relies on his wise management of the capital he has and his hard work. Dante hopes that lenders will grant his requested loan amount so he can educate his youngest child and become a better entrepreneur someday.
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.