Ma. Dolores is active and a good borrower. She is 46 years old, married with three children. She is grateful and blessed because her eldest child is a scholar of APPEND. She really appreciates the kindness and generosity of the lending institution where she gets her additional capital. Ma. Dolores manages a variety store, sells frozen foods, direct selling and is a rice retailer within her locality.
Ma. Dolores would like to maintain the smooth flow of her income so she could further secure her family's future and send her other two children to a higher level of education and have a better way of living. With her determination to obtain her goals in life, she is seeking another loan amounting to PHP 30,000. She will be using this loan to buy groceries such as canned goods, soft drinks, shampoo, assorted biscuits and instant noodles for her general store. Ma. Dolores expects that her requested loan amount will be approved so she could be a better entrepreneur 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.