Blenda is from the village of Sta. Rosa in the province of Isabela. She is 43 years old. Blenda is married and has two school-aged children. Blenda owns a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community like drinks, snacks and spices. Blenda has been engaged in her business for over four years and earns 3,000 PHP a month for these activities.
Blenda is asking for a loan of PHP 10,000 to purchase additional products such as drinks, snacks and spices for her store. Blenda wishes that her business will expand so that she can sustain the needs of her family.
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.