Elizabeth is 55 years old. She works very hard to provide for her necessities. She operates a grocery store and it has been in operation for five years.
Elizabeth is asking for a loan of 25,000 PHP through ASKI to purchase more groceries such as soft drinks, canned goods, junk food, noodles, breads and spices. The more stock of groceries, the more sales she could earn.
She hopes that through this loan and with her hard work, she can earn more profits for the success of her business as well as for her living costs.
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.