Melvin aged 51 is a business-oriented woman. She manages a small store selling grocery items to the village. This is her fruitful business that provides a small improvement to their daily living. With the spur to achieve a better quality of life, she is asking for a loan of 20,000 pesos as additional funding to purchase extra groceries to stock in her store.
Someday, she hopes that she would be able to experience a comfortable life with a lesser burden in her daily routine. But for now, Melvin is required to work hard and accept all the challenges she encounters.
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.