Raquel is 41 years old and lives with her husband and one child. She has a stall where she sells variety of accessories. She is a friendly and enduring woman. People are looking for her and her products because she offers very affordable, yet high quality items. This causes an increase in demand for her.
She is a woman who has many goals in life. Raquel wants to grow her business, finish her children’s education and improve their living situation. To accomplish all of her dreams, she is requesting a loan 25,000 PHP to purchase cell phone accessories, hangers, clippers, beepers and toys as additional products to offer.
She is very determined to be successful. So with her tirelessly working in her business everyday and having faith in God, she will soon be able to achieve financial security and a better quality of life.
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.