Emily is 46 years old. She is married and blessed with one school-aged child. Emily lives in the village of Nappaccu Grande, and she has a retail store near the village school. She has been running her business for three years and earns approximately 650 PHP a day.
Emily is requesting a loan in the amount of 20,000 PHP to buy school supplies, bread, condiments, and snacks to sell. Emily is confident that this loan will help her expand and improve her business.
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.