Valentina is a dedicated mother who works hard to give her three children a better life. She makes a living by running a general store where she sells different commodities, including coffee, milk, candies, sugar, condiments and snacks. Her husband works as a farmer.
Valentina has applied for a loan for PHP 12,000 to buy more items to sell to her customers, and she hopes to expand her small shop into a grocery store 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.