Ednalyn is a business minded person. She manages her retail store, raises hogs and sells different kinds of groceries within her local community. She is married with three children. Two of her children go to school and the youngest is still an infant.
Ednalyn has run her retail store for 13 years. She is thankful because she can manage her time wisely with the help of her husband. While she manages her retail store and hog raising business her husband is busy running their motorcycle transport and farming their half hectare of rice field. Since their business is growing, Ednalyn is in need of more capital amounting to PHP40,000. This will allow her to purchase more groceries so she can satisfy her customer demands. She hopes for the continuous growth of her businesses so that she can let her children finish their studies and also give them comfortable living conditions.
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.