Jonalyn has been running her dress shop for five years. Originally, she set up selling bridal gowns, prom and special occasion attire, but as time has gone on, she has seen many women and men who have struggled finding formal attire. With regards to this situation, Jonalyn has undergone a series of trainings to improve her sales and profit. Nowadays, she doesn't offer only bridal gowns. Instead, she also sews some sportswear and school uniforms. Since her business is growing, she is also in need of additional capital for continuous expansion and improvement of the quality of dresses she offers to her customers. She is requesting a loan of PHP15,000, allowing her to buy stocks of garments, dress accessories, buttons, zippers, garters and some thread. She hopes to get this loan amount in order to become popular and earn greater income so she can secure her family's future and obtain a better way of living someday.
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.