Imelda, 40, is married and has four school-age children. Due to lack of job opportunities, she engages herself in buying and selling footwear in the Public market to supplement her husband's income. Being responsible parents, they aim to continue sending their children to school so that they will earn a degree and find a good job someday.
Despite the problems and difficulties she has encountered in life, she has the determination to improve her business. She is asking for a loan of 15,000.00 PHP to buy additional stocks of shoes, slippers, and sandals for sale. She mentioned that this financial assistance will help her to improve the business and hopes that she will become financially stable someday.
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.