At 52, Josephine is still actively engaged in running her sari-sari store, or convenience store, where she sells snack foods and drinks in her village. Josephine is a widowed mother of four children.
Josephine hopes for good health and to continue operating and growing her business. Josephine is requesting a loan of 40,000 PHP to buy canned goods, soap, and eggs to expand the variety of products she sells to her customers. She hopes to develop her business and become a successful businesswoman someday.
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.