Ermalyn is proud to say that she started her business because of ASKI. She sells small meals and snack food such as fish balls, hotdogs, and cold juice from an ambulant cart.
She is married to a rice farmer and has two children. Ermalyn's husband manages their rice field and also drives their ambulant cart. She requests a loan of 10,000 PHP to buy fish balls, hotdogs, and ingredients to make sauces for her business.
Ermalyn wishes to have another business as an additional source of income.
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.