Vanesa is 31 years old, married and has four children who attend school. Vanesa owns a computer shop in the village where her family lives. She established her business five years ago. She offers printing and encoding services especially for students. She usually earns a daily profit of 300 PHP, which is just enough to cover the family's daily expenses for meals and allowances.
Vanesa is requesting for a loan for 15,000 PHP, which she will use to buy tarpaulins, colored papers and inks to use in her printing business. The loan will enable Vanesa to improve the services rendered to her customers. In the future, she would like to make her family financially stable.
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.