Baby Jane sells various kinds of vegetables within her local community. She has been doing this kind of business for three years. Baby Jane is 35 years old, married, with three children. Two of her children go to school, while her youngest child is still an infant.
Baby Jane would like to take out a loan of PHP 5,000 which allows her to buy vegetables, such as eggplants, string beans, and bitter gourds to sell.
She and her husband work together to create a better way of living, educate their three children, and obtain better income to cover all their household expenses. Baby Jane hopes for continuous access to financial services, so she can attain her goals in life and in 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.