Through patience and hard work, Isabelita believes that she will improve her family's living conditions and give her children a better life. She is now 49 years old has two school-age children. Due to the high cost of commodities and school fees, Isabelita buys and sells fruits and vegetables to supplement her husband's income. She is asking for an additional 10,000 PHP to buy more squash, bananas, tomatoes, eggplants, and cabbages to sell in the community. She believes that she will improve the business and increase her income through this financial assistance.
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.