Mayflor runs this shop because she didn't finish her degree that would perhaps have helped her find a good job. Despite her situation, though, she is happy to make money from her small store and so supplement the family's income.
Mayflor is now applying for a loan of 8,000 PHP from ASKI to buy sugar, milk, canned goods and soft drinks to sell in her store. She hopes to better her shop and see her income rise.
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.
ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.
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Success!! The loan was 100% repaid