Jocelyn is 35 years old, married and has two school-age children. Due to hardships in life, she runs a small variety store in their community to supplement her husband's income. She is aiming to have a successful business in order to improve their status of living and give their children a better life. In this regard, she plans to increase her product offerings in order to satisfy her customers' demands. To improve the business, she is requesting PHP 45,000 to buy rice, canned goods, biscuits, noodles, candies, junk food, beverages and seasonings to sell. Through patience and hard work, she believes that she will become successful in the future.
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.