Jonalyn sells snacks and cosmetic products in their village. She has been managing the business since 2000 and she purchases most of her products in the city market of Don Domingo, Tuguegarao City. Her business became their alternative source of income to support their family and she is still hoping for improvement to a better living.
Jonalyn operates the business in her little vending stall. She requests a loan of PHP 5,000. She will utilize the loan to buy flour, sugar, sweet potato (kamote), juice drinks (or so-called “camote” juice drinks) and other snacks that are needed by her customers.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid