Sylvia wants to request a loan of PHP 16,000 to purchase pigs and sacks of rice, which she and her husband will sell in their neighborhood.
Sylvia wants her family to be always healthy and strong, especially in facing life's difficulties. Of course, she also wants to improve her business so that it will become stable.
Having her happy and loving family, Sylvia seems to be already fulfilled with her life but according to her, nothing is permanent in life. Thus, she must strive harder and look for better opportunities that will improve her family's life. One of these opportunities is to venture into businesses which will guarantee more income opportunities.
At 52, Sylvia is more attentive than when she was younger. She is married to Lucas, who is not only her partner in life but also her business partner. Their children are Reynaldo, who did not graduate from college, and Nomar, who is 25 years old and a nursing graduate but who is unemployed due to lack of employment opportunities in the province.
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.