Editha is 56 years old and married to Dominador, who helps her to manage their business.
Editha sells vegetables in the market. She has been doing this business for 11 years. She usually received an income of PHP 2,000 a week.
At this moment, Editha is asking a loan of PHP 25,000 to buy onions, garlic, ginger, tomatoes, and string beans to sell. She believes that through her loan, her business will improve as well as her income.
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.