Genie is a cheerful person and enjoys her daily activities in her home-based business selling books, encyclopedias and magazines to the people in her village, especially students. Genie's hobby of reading books motivated her to open up this business.
Genie has three grown-up children. She is asking for additional capital to invest in buyng additional books, dictionaries, thesaurus and magazines to sell. With the additional quantity of items to be sold, she expects to generate more profits.
Aside from generating good income from the business, she hopes to satisfy all her customers with high quality products and the friendly services she offers.
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.