Because his wife is working as an Overseas Filipino worker (OFW), Patricio is responsible for taking care of their two children and running her community-based store. He doesn’t want to just wait for his remittances from his wife because his children are growing, most especially his young son. He is spending much on this youngest child due to the high cost of milk and the other needs of an infant baby. So, he aims to increase his sales and profit to be able to provide all their daily needs.
To make his dream realistic, he is asking for financial assistance in the amount of P6,000 to increase the volume of her store's merchandise. In this way, she could be generating greater profit which will serve her family's needs. She would be glad if his requested loan amount were approved.
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.