Imelda is 43 years old, married, and has three children. Imelda's husband is a tricycle driver. Imelda is managing a general store. She has invested all of her loans in maintaining her general store and has managed to keep it running with a great deal of commitment on her part.
With this new loan of PHP 8,000 PHP, Imelda will buy a variety of products that she can display in her store, such as soap, milk, canned goods, noodles, crackers and cookies. This will enable her to have a better store and more products to sell to her customers who come to her store every day to buy from her. She is grateful to ASKI for the loans they have given her before and she is hoping her new loan is approved.
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.