Adoracion is 42 years old, and is married to Clemente. The couple is thankful because they had been blessed with three children. Adoracion has been running her sari-sari store business for almost three years and earns about PHP 300 a day. Adoracion is a kind and energetic mother. She will do everything to lift up her family from poor living. Adoracion wants to re-stock her sari-sari store. To make it possible, Adoracion needs financial assistance. Therefore, Adoracion is asking for a loan in the amount of PHP 25,000 to buy canned goods, noodles, assorted bread, candies, curls, and soft-drinks to sell in her general store.
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.