Janette lives in Tuguegarao. She is single and generates income from her stall where she sells office supplies and computer parts. She has been in her business for over a year now and approximately earns PHP 25,000 each month. She uses her income as revolving capital in the business. Other parts were saved for future expenses.
She aims to keep making her business profitable which is why she asked for a loan of PHP 50,000 to buy more computer parts, ink refills, colored papers and pens to sell on her stall. She hopes to keep extending her good services and the quality of products to all her customers. With the good products she offers, she will enhance her sales and keep her business profitable.
Some day, she hopes to became a successful entrepreneur and achieve financial stability.
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.