Cecilia is 61 years old, married, and has five children. She is selling grocery items to the people in her village and gains about P5,000 each month. It goes for the family's subsistance. She hopes to keep selling good products and to increase sales; that is why she is asking for a loan of P8,000 to buy more merchandise such as canned goods, noodles, eggs, soap and shampoo to sell in her store.
Cecilia will keep adding good products and services to achieve the good development of her 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.