Liwliwa is 58 years old and lives with her family. She sells candy and pastries in their village as a source of income. Some stores love to buy from her, because her pastries are delicious. She needs to maintain her business, so she is seeking a loan amount of P15,000 to buy more candy and pastries to sell.
She is hoping to greatly improve her business in order to supply all the stores in her village to maximize her profit for her family. She is accompanied by hard work and perseverance.
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.