Anabelle is 38 years old and a mother to two children. She is married to Raul who is engaged in selling fishballs (a popular snack food made of fish and flour paste molded into balls and deep-fried before serving) and doing some carpentry jobs. Anabelle helps her husband in selling fishballs. She helps her husband in finding source of income for their family. At times, when she has extra time she would offer housekeeping service or work as a part-time saleslady for additional income of the family.
Anabelle is already five years into her business. Her business is very important to her because it helps her in meeting the family’s expenditures. Anabelle wants to continue her business until her children finish their education. She is now asking for a loan of PHP15,000 that she needed for the improvement of her vending business.
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.