Jocelyn earns a living by operating a general store. She has been running her business for three years and earns PhP 300 a day. Her business serves as the primary source of income for her family.
She is currently requesting a loan in the amount of PhP 10,000 in order to buy condiments, beverages, canned goods, noodles, and assorted breads to offer for sale in her store.
Her goal is to further develop 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.