Rebecca and her husband have only one child who is presently taking the college level of education. Rebecca is now 45 years old and is married. Her husband works abroad somewhere in part of the Middle East as a furniture maker. Rebecca lives happily with her child, but she would be happier if they could live with her husband.
She does her best to develop her sari-sari (variety) store business. She manages her business well to help her husband in financing their needs. She hopes that someday she will make her sari-sari store into a large grocery, with many various commodities to sell.
Rebecca is requesting a loan of P12,000 to purchase canned goods, snack foods, drinks and spices to sell in her sari-sari store, which is located in front of their house.
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.