Helen, a housewife and kind mother manages a retail store in Amulung. She sells grocery items, and her spouse is a farmer. They both generate income for the family's sustenance and especially for school expenses. Helen is now 40 years old and has four children, three of whom attend school and need a daily allowance.
She would like to sell more groceries. That is why she is requesting a loan of P50,000 to invest in her business. She will buy canned goods, cases of soft drinks, noodles, biscuits and eggs to sell. Offering more items will increase her sales and income.
Helen hopes to keep extending good customer service and affordable products to all her customers. She hopes to achieve a fortunate life for 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.