Meyveneza is 33 years old and has been engaged in a retail business for eight years. Due to her diligence, she successfully provides a good source of income. She is aiming for high income that would improve their living conditions. This prompted her to borrow a loan amount of PHP 16,000 to buy goods such as shirts, dresses, pants and skirts. She wants to grow her business so that she can afford to send her two children to school until they finish.
She wishes to uplift her family from deficiency, thus she is working so hard to provide for the needs of her children, especially their educational needs. She hopes, with the help of this loan amount, she will reach her desired net income and be able tp save for their future.
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.