Olivia is determined to improve her home-based store. She is 42-years-old and married. The couple are blessed with four children and they are currently in school.
Olivia runs her variety store and direct selling business. She is a hard working and business minded person. She has been selling shoes, blouse, sandals and shirts for kids and adults for six years. She is thankful for the improvement of her business. Olivia needs to access for a loan P20,000 to buy groceries such as soft drinks, canned goods, breads, ingredients and other basic needs for her retail store. She hopes to see her small store and direct selling continue to grow and make her financially stable.
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.