As a married parent of six children, Esperanza works hard to support her family.
She has had a general store business for 20 years and earns about PHP 300 a day. Right now, Esperanza is borrowing PHP 15,000 to purchase more goods such as canned goods, noodles, assorted bread and other condiments to sell in her general store.
Esperanza hopes that her hard work will help her attain her dream of building and expanding her business to secure the future of her family.
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.