Myrna is aiming for a happy life and successful business in the future. She is 32 years old, married and has two children.
She runs a general store in their village to supplement her husband's income. She has been in the business for almost four years and usually earns a profit of P9,000 a month which she spends on their daily expenses and manages to save some for their future.
Myrna aims to increase her product offering to satisfy her customers’ needs, but due to insufficient capital, she is requesting a loan for P40,000 to buy more stock of junk food, candy, canned goods, noodles, soaps, beverages, seasonings and soft drinks for resale.
She believes that this loan will help her improve the business and hopes that she will make the business grow more profitable 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.