Gloria is a 60-year-old married woman with four grown-up children. At her age, she is still strong enough to fulfill the needs of her family.
Gloria manages a store in front of her house. She is requesting a loan of PHP 15,000 to buy additional products such as canned goods, snack foods and drinks for her store. In the future, she hopes that her business will expand to give her family a better quality of life.
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.