Due to financial difficulty, Gina May did not pursue her studies in college. Despite this, she did not lose hope and decided to engage in a business to earn and save toward continuing her studies later. With a small amount of capital, she started a small variety store in her village to generate income.
Gina May aims to improve her variety store by increasing her product offerings, but she has inadequate capital. She is requesting a loan of PHP 9,000 to buy additional stock of grocery items, soft drinks, fruits and vegetables for sale.
Gina May is hoping that this financial assistance will help her to improve the business and earn more income so she can continue her studies 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.