Analyn is 30 years old, married, and has three children. She is engaged in a business selling fish. According to her, she is able to earn 400 PHP a day. Analyn wants to earn more income in order to give her family a good life. To make her dreams possible, she is asking for a loan of 5,000 PHP to purchase different kinds of fish. She hopes through this investment she can provide better living conditions to her family and operate her business profitably.
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.