Leonila, 47 years old, is married and blessed with three children. She has owned and operated a motorcycle transport for almost 26 years.
Leonila has four motorcycles, and she's earning a net income of Php 660 per day on this business. Leonila wants an added capital on it, so that she decided to request a loan of Php 20,000 to pay for the repairs and maintenance of her motorcycles.
She's happy because she's earning a lot of income with this business. She's hoping her loan will be granted so that she can develop her transportation business more.
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.