Adelina is a patient mother. She has eight children but lives separately from them. Along with her husband, Adelina runs a business hauling junk and recyclable materials that they resell for a profit.
Adelina is requesting a 20,000 PHP loan to expand her business and buy more used bottles, old newspapers, and boxes to resell. She prays for good health to keep operating her business and save funds to use when emergencies arise.
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.