Analyn is 26 years old and earns a living by roaming from place to place to sell her fruits and vegetables. Her goal is to get a better business location so that she can increase her sales and work at one place. However, she does not currently have enough money to do this. She is requesting a loan for PHP 15,000 to buy various vegetables like cabbage, beans, eggplants, squash and onions, and also some fruits to sell. This is how she will improve her business and provide a better life to her family.
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.