Aurora owns and operates a business venture in front of their house. She has a general store in which she sells different commodities. Aside from grocery items, she also sells various vegetables and fruits for additional income. Aurora has been managing her business for 10 years and she always aims to improve it further to be able to maintain their way of living and to continuously share her blessings with her children. With this, she is now asking to borrow a loan of PHP 22,000 from the lenders. This will be used to purchase more grocery items in order for her store to become profitable.
Aurora is now 49 years old, married and blessed with three children. They are living in the village of San Juan, Quirino, Isabela.
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.