Julita is a mother of three children who are attending school. Her husband is a farmer, while she is into vending vegetables in the market. She and her husband plant various kinds of vegetables in their field, and during their harvest, she is the one selling those harvested vegetables in the market. She also imports vegetables from various farmers producing them to sell while waiting for their own harvest.
She wishes for the continued operation of her business. With this, Julita is asking for a loan of PHP 20,000 to buy vegetables from vegetable producers in different villages near her place, then sell them in the market.
She hopes to increase her income and be able to sustain her children school allowances for them to continue, and someday finish, their studies.
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.