Nora has managed her sari-sari store business for almost nine years. She is 37 years old and married to Mardy.
She and her husband are helping each other to acquire income. Nora currently spends her income on her children’s basic necessities in schooling. She would like to increase her profit in order to develop their living situation as well as her business.
To achieve her dream, she is asking for a loan of PHP 6,000 to be used to buy grocery items such as sugar, coffee, cooking oil, and soft drinks. She hopes that she will get 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.