Sally’s dream is for her two children to finish their education and have stable jobs. Her dreams for her children teach her to strive and survive whatever hindrances she may encounter.
Sally is 47 years of age and married. Her husband is a driver. She owns a glassware business, which generates a profit. She has been in her business for 16 years.
She wants her business to improve more and to increase the products she sells to her costumers. However, she can’t pursue these wants because she does not have enough capital.
Thus, she is requesting a loan of 30,000 Philippine pesos to buy water jugs, glasses and plates to sell in the market. She hopes to use her profits to enable her children to complete their education and to not depend on them soon.
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.