Sheryl is twenty-nine. She is still single and is a very hardworking bachelor. She is aiming to make a good life for her family so for this reason, she is in the business of retail. She sells cosmetics and beauty products at the market. She wants to experience a better life before she settles into married life. To achieve this goal, she is asking for a loan of PHP 18,000 to purchase perfumes, lotion, make up and powder. These new products will attract clients and provide her with a good income. She hopes to obtain a comfortable lifestyle as she achieves her goal in her business.
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.