Weena is 49 years old, a very humble mother of four. She is a business-minded woman, and her main source of income is a rice mill. She has six months of experience in managing this business. For these months, she could say that she earned a good income and saved for the educational purposes of her children.
Now, Weena is asking a loan of PHP 50,000 in maintenance of her rice mill machine and purchase more sacks of “palay” to grind. She is buying a lot of stock because her offered products are in demand. She wants to supply all her villagers with high quality but affordable kinds of rice.
With these service, she hopes to generate more income and also satisfy her customers' needs. This may return her good income and good business. She hopes that her wish loan will be granted.
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.