Erlinda is from the village of Burgos. She is 54 years old. Erlinda is married and has three adult children. To make a living, she owns and operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes from selling cosmetics and apparel products from AVON and Natasha Company in the local community. Erlinda has been engaged in her business for over three years. Erlinda is requesting a loan of 26,000 PHP to purchase additional products such as clothes, pants and make-up. Her goal is to continue working and increase her profits, so that she can have a good life 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.