Rose, age 46, makes charcoal as a source of income. She usually earns about PHP 150 to 200 each day, but it depends on the charcoal that she produces. She would like to make her source of income more profitable, so she is asking for additional capital of PHP 7,000 to buy wood to produce charcoal.
In the future, Rose would like to keep making the business profitable to provide a good living to her family.
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.