A very supportive mother of three grown-up children. Raquel, 42 years old, lives in the village of San Juan, province of Isabela. Raquel manages her own store with her husband Johnny. Aside from their store, her spouse is also a simple farmer in their village. They both help each other to support their family.
Raquel is requesting a loan of PHP 18,000 to buy a variety of products that she can offer in the community. She hopes that someday her business will be bigger so that she can supply the needs of her family.
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.