Jeanylyn, aged 36, is operating a business buying and selling, particularly bananas. Her problem is that she hasn’t enough funds to maximize her business. For this reason she is seeking a loan amount of PHP 10,000 to buy bananas as well as vegetables so she can meet her customers’ orders. With this loan she hopes to increase her income and the number of her customers. She always hopes to offer the best products to her customers because this is a great way to promote their loyalty. So Jeanylyn hopes you will grant her requested loan.
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.