A businessman’s main purpose in managing a business is to provide a good education and a good life to his children. So Robin, a 41-year-old man, devotes himself to his computer shop business to make an income. It is a great help in providing for his family's daily household needs. He always aims to increase his profits to increase the family's standard of living as well as to develop his business. In connection to this, he is requesting a loan of PHP 30,000 to buy computer accessories and pay for computer maintenance, bond papers, and ink. He believes that with this loan, he can let his child and future children finish their desired degree courses and maintain a good 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.