Jocelyn S. is 39 years old and married. She has a general store where she sells grocery items, frozen foods and soft drinks. Jocelyn has had this business for almost eight years.
Jocelyn is requesting a loan of PHP 10,000 to purchase additional groceries, soft drinks and frozen foods. She usually earns about PHP 5,000 each month in this business.
In the future, Jocelyn hopes to expand her general store into a big grocery store. She believes that someday she can achieve her business goals through hard work and strong determination.
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.