Adoracion is from the village of Saranay. She is fifty-six years old, married, and has four children. Adoracion owns and operates a direct selling business, which sells clothing and shoe products in the local community. Adoracion has been engaged in her business for over three years.
As of now, Adoracion is requesting a loan of 35,000 PHP which will be used to purchase new items such as shoes, lotion and clothing to expand her product offering.
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.