Jhoan is 36 years old and is engaged in running a small eatery and 'sari-sari' store business. With more than two years of business management, she contributes to a comfortable lifestyle for her family. She wants to continue this good lifestyle through her business. So she is requesting a loan amount of P 20,000 to buy additional grocery items such as canned goods and soft drinks to stock her business as well as vegetables, meat and rice to cook. She hopes her business will provide a higher income in order to improve their living conditions further.
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.