Elybet's main source of income comes from selling milkfish. She has been in this business for 13 years. With this activity, she usually generates PHP 700 daily which goes toward the everyday needs of her family.
At this moment, Elybet is in need of additional capital to sustain the growth of her fish vending business. To make this happen, Elybet is applying for a loan of PHP 30,000. She intends to use this money to buy milkfish ("bangus ") and other kinds of fish to sell.
She is hoping that her loan application will be granted so she can improve her business as well as her living condition.
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.