Eduardo is 44 years old and a motorcycle operator. He has been in the transportation business for almost 20 years.
He earns 300 PHP that is usually used for their daily needs. However, he is doing his best to produce a higher income.
Now, Eduardo is requesting 7,000 PHP to pay for the repair and maintenance of his motorcycle. The remaining money will be used to purchase motorcycle accessories.
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.