Alicia is married and is 48 years old. She has a retail shop business. She sells groceries such as biscuits, canned goods, instant cups of noodles, soft drinks, sugar, milk, coffee, shampoo, detergents and other goods needed. According to her, the grocery store she manages is improving. She would like to expand it more to sustain further the needs of her family. Alicia has had this business for five years.
Alicia is requesting a loan of PHP 50,000 to purchase groceries such as canned goods, noodles, soft drinks, etc. Each month, Alicia earns about PHP 50,000 doing this type of work. In the future, Alicia hopes to expand her grocery store so that it will become more comfortable for her customers. Alicia prays that her request for a loan will be granted to make her dreams possible.
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.