Amalina raises her six children through her profits from her sari-sari store business. She is 52 years old and is married. Her husband operates their tricycle for passengers’ transportation. She successfully sent her children to college. They finished their education and now have their own jobs.
Amalina wishes to maintain her good health and be able to run the business until she can do it. She doesn’t want to rely on her children for remittance, that’s why she is running the business for their future.
Amalina is requesting a loan of 40,000 PHP to buy grocery items like canned goods, snack foods and drinks to sell in their village. She hopes to maintain the business and earn income for the future of her husband.
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.