Nimfa's goal in life is to become a successful business woman. She is 51 years old, married and has two school-age children. Through her business, a sari-sari store and Karinderia (which is sells cooked food for meals, snacks, and soft drinks) she is able to provide her family with basic necessities.
Nimfa has her business in front of a government hospital in their municipality. Nimfa shares with us that she feels regret when some of the things that her customers want is not available in her store.
Nimfa wants a loan of PHP 50,000 to buy biscuits, candies and drinks to sell. She hopes that through the loan she will be able to sell items which she is currently seldom able to sell. She believes that she will increase her income and make a step towards reaching her goal.
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.