Elizabeth has owned a retail store for seven years. She is happily married and blessed with three children. Her main goal in life is to have a better way of living and a stable source of income.
Elizabeth would like to re-stock her retail store. Due to insufficient capital, she is requesting a loan of 15,000 PHP, allowing her to buy merchandise such as soft drinks, canned goods, and baked breads. She hopes to obtain this amount of loan, so she could obtain her goal in life.
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.