Michelle, 30 years of age, is married to a loving husband who works as a welder. They blessed with three children.
Michelle has engaged in a vegetable vending business for almost 14 years. She's earning a net income of PHP 2,000 daily. She wants to take a loan amounting to PHP 40,000 to purchase pineapples and oranges to sell. She's hoping that her loan will be granted so that she can utilize it properly.
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.