At her age of 41, Loida is still single. She kiddingly said that she forgot to get married. Loida manages a sari-sari store business in their village. She is selling a variety of grocery items like biscuits, eggs, spices and curls. Her income from the business provides for her parents food and needs every day.
Loida wants to grow the business and be able to further bestow her parents needs. Loida is asking for a loan of PHP30,000 to purchase drinks, medicines, breads and canned goods. She believes that availing the loan will have a big help for her for the growth of the business. She is hoping that she will earn higher income as well.
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.