Rosalina is 37 years old, living at Furagui with her spouse and four children. Her spouse is a farmer while she is selling grocery items to the people in her village. She had been in the business for over five years now and earns PHP 300 each day.
She wants to sell more products so she is asking for a loan of PHP 8,000 to buy sardines, breads, eggs, soft drinks and biscuits to sell. She hopes to keep selling good products and that her friendly service will lead to an increase in her income to cover the educational expenses of her children. She will be very happy to see them all professionals in their chosen career someday.
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.