Jerine Ann is a 35-year-old woman who owns and manages a computer shop in her community. She is married and has three school-age children. She and her husband help each other in generating income to satisfy their necessities and finance the education of their children. They aim to become successful and financially stable in the future so that they will give their children a better life.
In this regard, Jerine Ann is working to improve her computer shop to generate a higher income. She is asking for additional capital of PHP 20,000 to buy additional computers to rent and grocery items to sell. Through this financial assistance, she believes that she will be able to make an improvement in the business and hopes that someday she will achieve her goals.
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.