Juliana is a 48-year-old widow who is engaged in a sari-sari store business. She has been in this business for three years. Being a single parent to her three children is very difficult, but Juliana brings her best to meet her children's needs. Aside from her sari-sari store, Juliana engaged herself in a hog-raising business. She has been doing this for almost three years.
Right now, Juliana is asking for a loan in the amount of PHP 20,000 to buy canned goods, noodles and kitchen ingredients for her store, and to buy feed and vaccine for her hogs. In the future, she wants to have good financial management and continue acquiring good income from her businesses. She wants to save enough money for future expenses.
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.