Rushel is young businesswoman, yet single. She has operated her toy retail store for three years now. Her store is located at her village while her other one is located at Aritao Nueva Vizcaya.
Rushel aims to have a better way of living and to obtain an increased income so she could support her youngest sibling in her studies.
She plans to buy more stocks of groceries, clothing, and toys, but she has insufficient capital. So she is requesting a loan of PHP 17,000. This amount of loan is useful in the further growth of her retail store. Rushel hopes for approval of her requested loan.
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.