Angeles, 54, is grateful for having a family that is very cooperative, loveable and caring. This motivates her to work harder. She is currently operating a sari-sari (variety) store business and seeking additional working capital of PHP 25,000. It will be used to purchase soft drinks, breads, sugar, coffee and detergent soap. These goods will let her earn a higher income. She is hoping that through her hard work, she will have a better 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.