Jonah, 36, is married and has one child. She is a responsible housewife who owns and manages a variety store in her community to help her husband by generating income. She and her husband aim to become successful and financially stable so that they will educate their child and give him a better life. She wants to increase her product offerings to satisfy her customers' demands. Due to insufficient capital, she is asking for a loan of 50,000.00 PHP to buy grocery items, charcoal, rice, feeds and vegetables for sale. Through patience and hard work, she believes that her business will continuously grow and become a viable source of income. She hopes that someday, she will achieve her goals as she continues to work hard and strive harder.
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.