At 21, Rodelyn is already married with two children who are both infants. Due to her early marriage, she was not able to finish college so she is with her husband who manages a farm to make a living. To support him in generating income, Rodelyn is engaged in a buy-and-sell business which includes frozen foods and cosmetics like lotions and fragrances.
Rodelyn has been operating this business for two years and is earning PHP 8,000 each month which is used to support their everyday living. To expand the business further, she is requesting additional capital of PHP 7,000 to buy larger amounts of frozen foods like pork sausages and cosmetics such as lotions and fragrances to sell.
Rodelyn promises to spend the loan wisely towards her business success to support her children's future.
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.