To earn a living, Delia owns and manages a variety store in her village. She is 57 years old and was separated from her husband due to problems and unavoidable circumstances. Despite this, she lives with her mother and decided to take care of her for she is now old and incapable. She aimed to improve her business and increase her income to satisfy their necessities and save for their future.
Due to financial constraints, Delia is asking for a loan of 10,000 PHP to buy beverages, soaps, candies, shampoos, seasonings and soft drinks to sell in her variety store. She believes that through her patience and hard work, she will improve the business and make it a viable source of income.
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.