Gloria lives with her husband and five children. Three of them are married; one is working and the youngest child is still studying.
Gloria's spouse works as a farmer, welder, and tricycle driver. She is thankful because with their perseverance and hard work they are able to improve their way of living. But she and her spouse still aim for a stable business in order to secure their family's bright future and educate their youngest child. Gloria doesn't only focus her business activities on farming and transportation; she also runs her home-based retail store where she offers different kinds of merchandise.
Gloria plans to add to the groceries she offers because her place is quite far from the market. In addition, her motorcycle registration needs to be renewed so she won't be caught by the LTO (Land transportation officer) personnel. To address this situation, Gloria is requesting a loan of PHP18,000. She knows that it would be a big help in making her businesses more productive and would allow her to maintain good service for her transportation business.
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.