Emilio, 39 years old, is married to a government employee. They are blessed with three children. They are currently residing at the village of San Antonio.
Emilio is into selling dura boxes (plastic cabinets) in different towns of Isabela. He's been into this business for almost 2 years and earns an income of 10,000 PHP a month. These plastic cabinets are used as containers of clothes at home. Emilio would like to avail a loan amounting to 35,000 PHP to purchase plastic cabinets or dura boxes to sell. He's hoping that his loan will be granted so that he can able to use his capital to improve his business.
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.