Edlyn is 29 years old, married and blessed with two children.
She has been operating a livestock and fish selling business. She would like to increase the number of ducks but she feels financial insufficiency. This led Edlyn to request PHP 5,000 to buy more ducklings to care for. Part of the loan will be used to purchase fingerlings (small fish) that she will raise in her fishpond.
With her determination, she’s able to develop her business but her desire to keep improving it and somehow become successful motivated her to borrow the loan.
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.