May Flores is 36 years old and has a small store in which she sells school supplies. She is a woman who is very competitive.
Since 2007, with God’s grace, her business has been profitable continuously. But her everyday income isn't sufficient to maximize her business. To expand her business, she is requesting a loan of 15,000 PHP from ASKI to purchase additional school supplies for her store.
She knows that with her loan and very friendly characteristics, she will be successful in her business as well as in improving her quality of life very soon.
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.