Susana, 58, is married with six children. She has a sewing services business. She sews curtains, tablecloths, and school uniforms to sell. Susana would like to improve her sewing services, so she is asking for a loan of 9,000 PHP to buy fabric, needles, thread and buttons. Someday, with good output, she will gain more income and additional customers, allowing her to send all of her children to school.
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.