Gina, aged 40, is a married woman with two adult children. She lives in the province of Isabela. She is a hard worker and owns a mini-grocery located in front of their house. When she started her business, it was a small store but it has grown and improved. Her mini-grocery is completely stocked. Her customers come to buy all types of products and different groceries such as sugar, rice, noodles and other items that sell well. This helps her to continue improving and reinvesting in her business.
On this occasion, her loan will be used to buy snack foods, drinks and spices that have been requested by her customers so that her business will be complete. She will also expand her business premises to make it larger and more comfortable for her customers. She is hoping that her business will improve in the future so that her family can enjoy a higher 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.