Melania is 53 years old and lives in the Philippines. She is married and has four children. Melania has a grocery store that sells canned goods, snacks and beverages. She has had this business for 25 years.
She requested a loan for PHP 7,000 to buy canned goods, snacks and beverages. Melania is well known in their community as a strong person and a very hardworking mother. In the future, Melania hopes to improve her business.
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.