Thelma is a 52-year-old woman married to Angelito. She is a very diligent and hardworking person.
She lives in the mountainous province of Isabela. To have better living conditions, she is asking a loan of 18,000 Philippine pesos to buy soap, snack foods, canned goods and beverages for her store. The loan will provide business capital so that she can meet all the needs of her family.
She wishes that, someday, her business will expand enough that she can reconstruct their house for better living conditions and sustain the needs of her family.
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.