Gary Zaldy has been engaged in selling dry goods in the public market while his wife works abroad. He is 34 years old and has no children yet. The couple aims to earn and save more income to build their own house and establish a home-based business. In this regard, Gary Zaldy plans to improve his business by selling different kinds of dry goods to meet his customers' demand.
Due to inadequate capital, Gary Zaldy is requesting a loan of PHP 50,000 to buy additional stocks of dry goods such as pants, t-shirts, blouses, jackets, short pants and underwear to sell in the market. He believes that when he works hard for it, he will make his business grow and achieve his goals in the future. Gary Zaldy mentioned that the loan will help him to work out his plan.
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.