Ronalyn intends to improve her business to make it a practical source of income. She is 24 years old and has one child.
To improve her business, Ronalyn is asking for additional capital of 8,000 PHP to buy more bananas to sell in the village. She also wants to purchase MSE (Marikina Shoe Exchange) and Avon products as her additional source of income. She hopes that her requested loan will be approved. This will be a great help to improve the business, and she is hoping that she will be successful for the sake of her child and soon children.
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.