Anelie is from the village of Calaocan. She is 30 years old, married and has one child. Anelie owns and operates a general store selling a variety of different products in her community. Anelie has been in her business for over three years and earns approximately 8,000 Philippine pesos (PHP) a month from it.
Anelie is requesting a loan of 50,000 PHP to purchase additional products to sell in her sari-sari store such as canned goods, spices, drinks and snack foods. With this loan, she believes that she will improve her business, and she is hoping that she will be successful in carrying it out.
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.