Delia describes herself as a simple and responsible parent. She is a 56-year-old widow who has been blessed with four children, who are now grown. She owns and manages a retail store within the village of Villa Cruz San Mateo. Three of her are married while the youngest is still single and working.
Delia aimed to sell more grocery items to earn a higher income, but she does not have enough capital. That's why she is asking for additional capital of P30,000 to buy additional stocks of groceries such as soft drinks, biscuit, eggs, canned goods, instant noodles, vegetables, meat and ingredients needed in her retail shop business. She believes that through the loan she requests, she will be able to improve the business and increase her income to sustain her needs and education of her grandchild. In the future, she is hoping to save a larger amount so that she can remain secure as she ages.
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.