Arcelie is a widowed mother with two children. She dream to buy and owned a stall. At present, she is renting a stall where she operates her beauty salon business. She has eight years of experience. To gain extra income she also sells soft drinks, candies and curls in her beauty salon stall.
Besides hair cutting, she wants to offer hair straightening to satisfy her customers. Arcelie is asking for a loan of P50,000 to buy materials and some cosmetics products for her business.
She hopes that someday her dream will come true. She will continue working hard to reach her dream.
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.