Darlina works diligently in order to earn a living. She is 52 years of age, married, and blessed with seven children. Four of her children currently go to school, while the other three are already working.
Darlina has been running a retail store for six years. According to her, she earns about PHP 5,000 per month. She uses this income for her children's allowances, household expenditures, and other school expenses.
Darlina would like to increase her sales and profit, so she could let her four children finish their studies and improve their living conditions. With her determination to re-stock her store, she is seeking a loan of PHP 10,000, which will be used to buy some necessary merchandise, such as eggs, soft drinks, soap, sugar, coffee, milk, and assorted biscuits. She believes that this amount will help her in attaining her goals in life and with her business. She hopes that her requested loan amount will be approved.
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.