Josie, 49, wants to earn enough money to support her seven children. Her eagerness to provide a better income for her family motivates her request for additional working capital of 5,000 PHP.
Jose will use the loan to buy Avon and MSE products to fulfill the orders of her loyal customers. She hopes this financial assistance will allow her to offer better services and to increase her income.
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.