Mary Helma has been a seamstress for more than 20 years. She is married and has two children, both married. She is a hard-working woman who wants to get ahead in life. Mary Helma is really thankful to God because since joining the program of ASKI, she has been able to improve the quality of her sewn dresses which has made her business grow. Now she has a lot of customers. She had started to borrow additional capital in 2005. Her profits were used to buy a single motorcycle, which is useful in the delivery of her finished products. Mary Helma maintains her good track record to date and is asking for another loan amount of 20,000 PHP. This amount will be used to buy garments, thread and a zigzag machine to make her work easier and to be able to produce more dresses and curtains to sell. Mary Helma is looking forward to the approval of her requested loan amount.
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.