Rowena has been married to Johnas for three years already and their marriage is gifted with a baby boy named John Ashrow Miles, who is now 2 years old. The couple is full of hopes since they are just beginning with their own family.
Rowena and her husband started up their little sari-sari store business (a community-based store), which is of great help to their family needs. Rowena aims to expand her business to have a better chance to succeed. For the first time, they requested a loan from the lenders amounting to 20,000 PHP (Philippines pesos) for the improvement of their enterprise by buying more goods to sell. The couple believes that they must start saving right now for their child’s education while the child is still young.
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.