Honorata makes a living through her vegetable-vending business. It has been her source of income for many years. She always aims for business expansion for the welfare of her family. She purchases her vegetables in the public market, though sometimes she also sells her own harvest from their farm. Honorata would like to increase her profits by having additional capital to purchase more vegetables. Some of her loan will also be helpful in sustaining the needs of her small farm. She hopes for a loan of PHP11,000 from KIVA lenders.
Honorata is 39 years old and married to Mario, who is busy with their farm in their village located in Minallo, Naguilian, Isabela. They are blessed with four children, three of whom are in high school while the youngest is only four years old.
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.