Ana is 37 years old, married, and blessed with two children. She is lucky to be married to a seaman. At present, she acts as a mother and father to their children while her husband is working abroad on a ship.
Being the head of the family, Ana works hard to meet her children's needs. With her determination to help her husband even in a simple way, she invests her husband remittances in a grocery business to generate income. Ana is selling a variety of commodities like junk food, diapers, and milk for babies.
Ana wants to extend her business. She is requesting a loan of PHP 50,000 to buy shampoo, soap, and spices to sell. She hopes to extend the business, earn higher income, and grow 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.