Due to financial insufficiency, Brendalee works at cooking and selling pork and chicken barbecue in her community.She is 50 years old and has six children. She aims to improve her business so she can increase her income to help her husband in financing the education of her children and satisfy their daily needs. In this regard, she is asking for a loan of PHP 15,000 to buy pork, chicken heads and feet, hot dogs and seasonings to be cooked and sold in the community. She is hoping that her loan will enable her to further improve her business in the future.
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.